K/S HABRO-READING — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S HABRO-READING
K/S HABRO-READING (CVR number: 30074882) is a company from KØBENHAVN. The company reported a net sales of 1.4 mDKK in 2024, demonstrating a growth of 8.2 % compared to the previous year. The operating profit percentage was at 182.5 % (EBIT: 2.5 mDKK), while net earnings were 622.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good but Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -30.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. K/S HABRO-READING's liquidity measured by quick ratio was 0.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | - 232.49 | 1 111.76 | 1 266.49 | 1 276.35 | 1 381.22 |
Gross profit | - 232.49 | 894.42 | 1 033.15 | 1 276.35 | 1 381.22 |
EBIT | - 784.69 | 561.84 | 908.84 | 264.68 | 2 520.66 |
Net earnings | -4 140.84 | - 221.66 | - 598.27 | -1 581.24 | 622.31 |
Shareholders equity total | -17 599.75 | -15 896.41 | -13 143.21 | -12 924.45 | -9 826.25 |
Balance sheet total (assets) | 19 326.29 | 20 541.36 | 19 453.20 | 19 350.94 | 22 395.50 |
Net debt | -1 291.58 | -1 200.28 | -1 158.03 | -1 317.08 | -2 019.12 |
Profitability | |||||
EBIT-% | 50.5 % | 71.8 % | 20.7 % | 182.5 % | |
ROA | -1.4 % | 2.6 % | 2.9 % | 1.1 % | 8.1 % |
ROE | -19.5 % | -1.1 % | -3.0 % | -8.1 % | 3.0 % |
ROI | -1.6 % | 2.9 % | 3.2 % | 1.2 % | 8.9 % |
Economic value added (EVA) | 190.46 | 1 511.13 | 1 767.95 | 983.31 | 3 236.30 |
Solvency | |||||
Equity ratio | -47.7 % | -43.6 % | -40.3 % | -40.0 % | -30.5 % |
Gearing | |||||
Relative net indebtedness % | -15327.6 % | 3169.5 % | 2482.3 % | 2425.5 % | 2186.7 % |
Liquidity | |||||
Quick ratio | 0.3 | 0.3 | 0.6 | 0.6 | 0.7 |
Current ratio | 0.3 | 0.3 | 0.6 | 0.6 | 0.7 |
Cash and cash equivalents | 1 291.58 | 1 200.28 | 1 158.03 | 1 317.08 | 2 019.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 1271.2 % | -248.8 % | -68.7 % | -72.2 % | -77.8 % |
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | A |
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