HAUGEN-GRUPPEN DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HAUGEN-GRUPPEN DENMARK A/S
HAUGEN-GRUPPEN DENMARK A/S (CVR number: 35069712) is a company from GREVE. The company reported a net sales of 631.7 mDKK in 2024, demonstrating a growth of 6.8 % compared to the previous year. The operating profit percentage was at 1.7 % (EBIT: 10.9 mDKK), while net earnings were 5366 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent and Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 32.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HAUGEN-GRUPPEN DENMARK 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 436.00 | 478.00 | 496.00 | 591.37 | 631.69 |
Gross profit | 61.00 | 66.00 | 56.00 | 74.67 | 67.90 |
EBIT | 17.00 | 19.00 | 6.00 | 17.36 | 10.89 |
Net earnings | 10.00 | 12.00 | 3.00 | 9.72 | 5.37 |
Shareholders equity total | 59.00 | 71.00 | 73.00 | 82.99 | 88.35 |
Balance sheet total (assets) | 148.00 | 167.00 | 224.00 | 258.33 | 269.62 |
Net debt | 25.93 | 37.73 | |||
Profitability | |||||
EBIT-% | 3.9 % | 4.0 % | 1.2 % | 2.9 % | 1.7 % |
ROA | 12.6 % | 12.1 % | 3.1 % | 7.5 % | 4.4 % |
ROE | 17.8 % | 18.5 % | 4.2 % | 12.5 % | 6.3 % |
ROI | 16.3 % | 12.1 % | 3.1 % | 10.9 % | 10.0 % |
Economic value added (EVA) | 14.01 | 16.04 | 2.43 | 9.91 | 2.95 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 32.1 % | 32.8 % |
Gearing | 31.2 % | 42.7 % | |||
Relative net indebtedness % | 29.7 % | 28.7 % | |||
Liquidity | |||||
Quick ratio | 1.1 | 1.1 | |||
Current ratio | 1.6 | 1.6 | |||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 79.0 | 94.2 | |||
Net working capital % | 15.5 % | 14.7 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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