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H+ A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About H+ A/S
H+ A/S (CVR number: 19267946) is a company from KØBENHAVN. The company reported a net sales of 164 mDKK in 2025, demonstrating a growth of 7.2 % compared to the previous year. The operating profit percentage was at 6.2 % (EBIT: 10.1 mDKK), while net earnings were 8048.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.8 %, which can be considered good but Return on Equity (ROE) was 34.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.5 %, 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. H+ A/S's liquidity measured by quick ratio was 1.8 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 113.60 | 125.79 | 141.39 | 152.95 | 164.04 |
| Gross profit | 113.60 | 125.79 | 141.39 | 78.27 | 89.52 |
| EBIT | 113.60 | 125.79 | 141.39 | 9.09 | 10.14 |
| Net earnings | 8.31 | 6.81 | 13.86 | 7.38 | 8.05 |
| Shareholders equity total | 18.69 | 20.50 | 20.74 | 20.93 | 25.23 |
| Balance sheet total (assets) | 55.66 | 54.75 | 64.51 | 58.16 | 82.81 |
| Net debt | -14.86 | -20.71 | |||
| Profitability | |||||
| EBIT-% | 100.0 % | 5.9 % | 6.2 % | ||
| ROA | 227.9 % | 237.1 % | 15.9 % | 14.8 % | |
| ROE | 34.8 % | 67.2 % | 35.4 % | 34.9 % | |
| ROI | 227.9 % | 237.1 % | 19.9 % | 29.3 % | |
| Economic value added (EVA) | 112.09 | 124.85 | 140.36 | 5.99 | 6.16 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 36.0 % | 30.5 % | |
| Gearing | |||||
| Relative net indebtedness % | 6.2 % | 15.1 % | |||
| Liquidity | |||||
| Quick ratio | 2.3 | 1.8 | |||
| Current ratio | 2.3 | 1.8 | |||
| Cash and cash equivalents | 14.86 | 20.71 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 69.6 | 110.1 | |||
| Net working capital % | 20.0 % | 20.8 % | |||
| Credit risk | |||||
| Credit rating | BBB | BBB | A |
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