HERO GEARS A/S — Credit Rating and Financial Key Figures

CVR number: 13235872
Vejleåvej 7, 2635 Ishøj
hero@hero.dk
tel: 36721050

Credit rating

Company information

Official name
HERO GEARS A/S
Personnel
39 persons
Established
1989
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About HERO GEARS A/S

HERO GEARS A/S (CVR number: 13235872) is a company from ISHØJ. The company recorded a gross profit of 29.1 mDKK in 2024. The operating profit was 4390.5 kDKK, while net earnings were 2443.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good but Return on Equity (ROE) was 18.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.5 %, 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. HERO GEARS A/S's liquidity measured by quick ratio was 0.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit19 816.5316 766.3423 710.3926 750.4529 114.45
EBIT-5 126.99-3 429.78792.313 122.394 390.51
Net earnings-4 284.30-3 069.17229.571 856.312 443.23
Shareholders equity total8 716.6910 147.5310 377.1012 233.4014 376.63
Balance sheet total (assets)30 737.5633 483.7431 701.0834 258.6641 651.73
Net debt5 235.597 403.2710 348.4511 247.2010 340.59
Profitability
EBIT-%
ROA-16.0 %-10.7 %2.4 %9.5 %11.6 %
ROE-36.0 %-32.5 %2.2 %16.4 %18.4 %
ROI-19.0 %-12.3 %2.8 %10.7 %13.1 %
Economic value added (EVA)-4 626.00-3 107.02132.691 906.502 836.42
Solvency
Equity ratio28.4 %30.3 %32.7 %35.7 %34.5 %
Gearing61.6 %80.0 %99.8 %96.6 %82.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.60.60.70.6
Current ratio1.41.41.51.51.6
Cash and cash equivalents131.38711.049.10570.661 581.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:11.6%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.5%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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