HÆSTRUP HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HÆSTRUP HOLDING A/S
HÆSTRUP HOLDING A/S (CVR number: 21160407) is a company from HJØRRING. The company reported a net sales of 0.1 mDKK in 2024, demonstrating a decline of -23 % compared to the previous year. The operating profit percentage was poor at -322.1 % (EBIT: -0.4 mDKK), while net earnings were 229.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 60 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HÆSTRUP HOLDING A/S's liquidity measured by quick ratio was 1.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 476.02 | 527.25 | 824.41 | 180.16 | 138.80 |
| Gross profit | 496.92 | 5 257.13 | 814.44 | - 654.92 | 85.77 |
| EBIT | - 166.74 | - 289.15 | 289.65 | -1 237.52 | - 447.03 |
| Net earnings | 6 654.88 | 2 144.66 | -1 118.99 | 1 599.47 | 229.58 |
| Shareholders equity total | 66 954.67 | 64 599.73 | 55 741.75 | 51 311.22 | 47 540.80 |
| Balance sheet total (assets) | 68 847.74 | 75 368.98 | 66 112.62 | 71 543.57 | 79 268.50 |
| Net debt | -47 995.47 | -36 136.22 | -29 540.41 | -16 678.17 | -4 280.05 |
| Profitability | |||||
| EBIT-% | -35.0 % | -54.8 % | 35.1 % | -686.9 % | -322.1 % |
| ROA | 12.9 % | 5.6 % | 2.9 % | 4.1 % | 6.6 % |
| ROE | 10.4 % | 3.3 % | -1.9 % | 3.0 % | 0.5 % |
| ROI | 13.0 % | 5.7 % | 1.8 % | 4.1 % | 6.6 % |
| Economic value added (EVA) | -3 213.35 | -3 669.46 | -3 561.94 | -4 273.03 | -4 026.62 |
| Solvency | |||||
| Equity ratio | 97.3 % | 85.7 % | 84.3 % | 71.7 % | 60.0 % |
| Gearing | 0.6 % | 15.7 % | 18.5 % | 39.3 % | 66.5 % |
| Relative net indebtedness % | -9772.8 % | -6737.7 % | -3576.9 % | -9225.5 % | -3001.3 % |
| Liquidity | |||||
| Quick ratio | 99.1 | 4.4 | 4.0 | 1.9 | 1.2 |
| Current ratio | 109.6 | 4.4 | 4.0 | 1.9 | 1.2 |
| Cash and cash equivalents | 48 413.86 | 46 294.13 | 39 858.95 | 36 852.91 | 35 893.37 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 1576.4 % | -1698.7 % | -887.8 % | -9586.3 % | -20762.8 % |
| Credit risk | |||||
| Credit rating | AA | AA | A | A | A |
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