HASSELBLAD A/S — Credit Rating and Financial Key Figures

CVR number: 18635445
Lindevangs Alle 3, 2000 Frederiksberg
sara.holmdell@hasselblad.com

Credit rating

Company information

Official name
HASSELBLAD A/S
Personnel
4 persons
Established
1995
Company form
Limited company
Industry

About HASSELBLAD A/S

HASSELBLAD A/S (CVR number: 18635445) is a company from FREDERIKSBERG. The company recorded a gross profit of 5658.7 kDKK in 2024. The operating profit was 638.5 kDKK, while net earnings were 505.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak but Return on Equity (ROE) was 21.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 10.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. HASSELBLAD A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit12 050.0012 297.008 212.004 898.565 658.66
EBIT1 274.001 660.00884.00580.64638.46
Net earnings1 194.001 235.00720.00605.42505.50
Shareholders equity total70 795.0072 030.0042 750.002 073.722 579.22
Balance sheet total (assets)73 229.0073 005.0043 240.0023 850.6924 563.15
Net debt-55 114.00-3 333.00-18 980.0020 787.0120 973.18
Profitability
EBIT-%
ROA1.8 %2.3 %1.5 %2.1 %2.7 %
ROE1.7 %1.7 %1.3 %2.7 %21.7 %
ROI1.8 %2.3 %1.5 %2.1 %2.7 %
Economic value added (EVA)-2 223.45-1 897.45-2 896.23-1 646.30- 655.85
Solvency
Equity ratio96.7 %98.7 %98.9 %8.7 %10.5 %
Gearing1032.6 %830.2 %
Relative net indebtedness %
Liquidity
Quick ratio50.874.587.61.11.1
Current ratio50.874.587.61.11.1
Cash and cash equivalents55 114.003 333.0018 980.00625.95439.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.68%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.5%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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