HGH-ALBO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HGH-ALBO A/S
HGH-ALBO A/S (CVR number: 21594628) is a company from FURESØ. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a growth of 0.4 % compared to the previous year. The operating profit percentage was poor at -1.5 % (EBIT: -0 mDKK), while net earnings were 92.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 74.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HGH-ALBO A/S's liquidity measured by quick ratio was 6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 585.00 | 512.23 | 324.07 | 313.65 | 314.80 |
Gross profit | 140.17 | 1 677.45 | 49.95 | 6.67 | 55.42 |
EBIT | 1 201.87 | 3 613.03 | 64.59 | 596.67 | -4.58 |
Net earnings | 725.85 | 3 132.67 | 322.32 | 504.25 | 92.18 |
Shareholders equity total | 3 440.73 | 6 222.27 | 3 935.80 | 4 845.61 | 4 918.46 |
Balance sheet total (assets) | 9 127.92 | 10 085.38 | 6 592.39 | 7 123.78 | 6 576.48 |
Net debt | 2 901.22 | 1 085.59 | 1 200.37 | 1 072.14 | 1 044.39 |
Profitability | |||||
EBIT-% | 205.4 % | 705.4 % | 19.9 % | 190.2 % | -1.5 % |
ROA | 14.4 % | 42.2 % | 11.0 % | 11.6 % | 2.9 % |
ROE | 20.2 % | 64.8 % | 6.3 % | 11.5 % | 1.9 % |
ROI | 17.0 % | 50.9 % | 13.7 % | 13.9 % | 3.2 % |
Economic value added (EVA) | 641.49 | 2 695.94 | - 290.44 | 216.01 | - 290.26 |
Solvency | |||||
Equity ratio | 37.7 % | 61.7 % | 59.7 % | 68.0 % | 74.8 % |
Gearing | 96.9 % | 17.8 % | 30.5 % | 22.1 % | 21.2 % |
Relative net indebtedness % | 727.9 % | 593.1 % | 779.3 % | 643.2 % | 448.4 % |
Liquidity | |||||
Quick ratio | 0.2 | 2.5 | 4.3 | 3.5 | 6.0 |
Current ratio | 0.2 | 2.5 | 4.3 | 3.5 | 6.0 |
Cash and cash equivalents | 431.27 | 21.36 | 0.33 | 0.32 | 0.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -314.6 % | 337.8 % | 948.5 % | 898.4 % | 919.7 % |
Credit risk | |||||
Credit rating | AA | AA | A | A | A |
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