K/S HAMBORG RENNBAHNSTRASSE — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S HAMBORG RENNBAHNSTRASSE
K/S HAMBORG RENNBAHNSTRASSE (CVR number: 29530483) is a company from SLAGELSE. The company reported a net sales of 12.4 mDKK in 2024, demonstrating a decline of -3.1 % compared to the previous year. The operating profit percentage was at 95.8 % (EBIT: 11.9 mDKK), while net earnings were 8968.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 49.3 %, 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. K/S HAMBORG RENNBAHNSTRASSE's liquidity measured by quick ratio was 2.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 9 020.00 | 9 251.00 | 12 037.00 | 12 790.00 | 12 394.97 |
Gross profit | 8 579.00 | 8 765.00 | 11 592.00 | 12 224.00 | 11 734.75 |
EBIT | 7 942.00 | 8 707.00 | 11 592.00 | 12 573.00 | 11 876.86 |
Net earnings | 4 916.00 | 5 400.00 | 7 947.00 | 9 416.00 | 8 968.39 |
Shareholders equity total | 48 343.00 | 55 583.00 | 70 113.00 | 77 363.00 | 83 834.65 |
Balance sheet total (assets) | 158 622.00 | 158 565.00 | 163 913.00 | 167 428.00 | 169 993.38 |
Net debt | 102 026.00 | 98 158.00 | 88 051.00 | 79 247.00 | 71 122.09 |
Profitability | |||||
EBIT-% | 88.0 % | 94.1 % | 96.3 % | 98.3 % | 95.8 % |
ROA | 5.3 % | 5.5 % | 7.2 % | 7.7 % | 7.2 % |
ROE | 10.9 % | 10.4 % | 12.6 % | 12.8 % | 11.1 % |
ROI | 5.3 % | 5.5 % | 7.2 % | 7.7 % | 7.2 % |
Economic value added (EVA) | 620.32 | 1 106.89 | 4 221.28 | 5 048.87 | 4 344.49 |
Solvency | |||||
Equity ratio | 30.5 % | 35.1 % | 42.8 % | 46.2 % | 49.3 % |
Gearing | 216.9 % | 182.0 % | 131.2 % | 113.9 % | 100.2 % |
Relative net indebtedness % | 1180.9 % | 1068.4 % | 735.4 % | 622.8 % | 578.7 % |
Liquidity | |||||
Quick ratio | 0.9 | 0.3 | 1.9 | 2.6 | 2.7 |
Current ratio | 0.9 | 0.3 | 1.9 | 2.6 | 2.7 |
Cash and cash equivalents | 2 819.00 | 3 027.00 | 3 958.00 | 8 897.00 | 12 913.95 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -3.9 % | -71.0 % | 33.0 % | 55.8 % | 65.6 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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