H.C. HOVMAND HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About H.C. HOVMAND HOLDING A/S
H.C. HOVMAND HOLDING A/S (CVR number: 24256561) is a company from SORØ. The company recorded a gross profit of -14.6 kDKK in 2023. The operating profit was -14.6 kDKK, while net earnings were -250.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.3 %, which can be considered poor and Return on Equity (ROE) was -6.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. H.C. HOVMAND HOLDING A/S's liquidity measured by quick ratio was 27.4 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2.95 | -4.46 | -3.73 | -10.51 | -14.63 |
EBIT | -2.95 | -4.46 | -3.73 | -10.51 | -14.63 |
Net earnings | -78.90 | - 146.92 | 2 423.38 | - 296.07 | - 250.19 |
Shareholders equity total | 2 443.08 | 2 296.15 | 4 369.53 | 3 873.45 | 3 423.26 |
Balance sheet total (assets) | 2 575.40 | 2 395.40 | 5 498.19 | 5 039.91 | 3 552.84 |
Net debt | - 362.54 | - 306.46 | - 142.85 | -3 539.69 | -2 342.33 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.0 % | -5.3 % | 62.1 % | -4.0 % | -5.3 % |
ROE | -3.0 % | -6.2 % | 72.7 % | -7.2 % | -6.9 % |
ROI | -2.1 % | -5.4 % | 71.5 % | -5.0 % | -6.1 % |
Economic value added (EVA) | -69.52 | -43.93 | -44.55 | 73.91 | -8.05 |
Solvency | |||||
Equity ratio | 94.9 % | 95.9 % | 79.5 % | 76.9 % | 96.4 % |
Gearing | 3.5 % | 3.2 % | 2.6 % | 3.0 % | 3.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.2 | 7.6 | 18.0 | 4.1 | 27.4 |
Current ratio | 6.2 | 7.6 | 18.0 | 4.1 | 27.4 |
Cash and cash equivalents | 447.13 | 379.44 | 256.60 | 3 655.55 | 2 463.46 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | AA | BBB | BBB |
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