A/S HAI HORSENS — Credit Rating and Financial Key Figures

CVR number: 33758111
Færøvej 4, 8700 Horsens

Company information

Official name
A/S HAI HORSENS
Personnel
103 persons
Established
1971
Company form
Limited company
Industry

About A/S HAI HORSENS

A/S HAI HORSENS (CVR number: 33758111K) is a company from HORSENS. The company recorded a gross profit of 18.1 mDKK in 2019. The operating profit was 5541 kDKK, while net earnings were 3375 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 10.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 36.3 %, 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. A/S HAI HORSENS's liquidity measured by quick ratio was 1.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
Volume
Net sales
Gross profit18 067.00
EBIT5 541.00
Net earnings3 375.00
Shareholders equity total29 987.00
Balance sheet total (assets)82 620.00
Net debt7 289.00
Profitability
EBIT-%
ROA6.8 %
ROE10.7 %
ROI9.2 %
Economic value added (EVA)4 203.39
Solvency
Equity ratio36.3 %
Gearing83.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.3
Current ratio1.4
Cash and cash equivalents17 841.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingA

Variable visualization

ROA:6.81%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.3%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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