HABICO HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HABICO HOLDING A/S
HABICO HOLDING A/S (CVR number: 27347134K) is a company from ODENSE. The company reported a net sales of 981.6 mEUR in 2019, demonstrating a growth of 17.8 % compared to the previous year. The operating profit percentage was at 4.8 % (EBIT: 46.8 mEUR), while net earnings were 34.6 mEUR. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good but Return on Equity (ROE) was 20.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40 %, 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. HABICO HOLDING A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mEUR)
EBIT (mEUR)
Profitability
Solidity
Key figures (mEUR)
See financials2015 | 2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 759.05 | 725.78 | 796.90 | 832.92 | 981.55 |
Gross profit | 96.92 | 108.66 | 120.36 | 131.04 | 150.73 |
EBIT | 19.96 | 24.34 | 33.76 | 37.92 | 46.78 |
Net earnings | 12.43 | 12.26 | 23.80 | 26.93 | 34.56 |
Shareholders equity total | 103.33 | 113.63 | 134.09 | 154.77 | 179.19 |
Balance sheet total (assets) | 322.56 | 350.55 | 365.77 | 360.30 | 447.61 |
Net debt | 131.53 | 154.03 | 143.23 | 128.24 | 161.65 |
Profitability | |||||
EBIT-% | 2.6 % | 3.4 % | 4.2 % | 4.6 % | 4.8 % |
ROA | 8.1 % | 8.2 % | 10.3 % | 11.2 % | 12.7 % |
ROE | 12.6 % | 11.3 % | 19.2 % | 18.6 % | 20.7 % |
ROI | 10.9 % | 10.7 % | 13.3 % | 14.3 % | 16.0 % |
Economic value added (EVA) | 5.49 | 3.57 | 12.03 | 14.47 | 21.49 |
Solvency | |||||
Equity ratio | 32.0 % | 32.4 % | 36.7 % | 43.0 % | 40.0 % |
Gearing | 128.2 % | 138.3 % | 106.8 % | 82.9 % | 90.7 % |
Relative net indebtedness % | 27.8 % | 31.8 % | 28.7 % | 24.0 % | 26.6 % |
Liquidity | |||||
Quick ratio | 0.7 | 0.5 | 0.6 | 0.7 | 0.5 |
Current ratio | 1.4 | 1.3 | 1.3 | 1.5 | 1.3 |
Cash and cash equivalents | 0.95 | 3.09 | 0.04 | 0.11 | 0.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 45.7 | 48.0 | 51.2 | 44.5 | 42.1 |
Net working capital % | 9.0 % | 8.6 % | 8.2 % | 9.5 % | 7.9 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AAA | AAA |
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