Hirtshals Yard A/S — Credit Rating and Financial Key Figures

CVR number: 42233269
Jens Munksvej 1, 9850 Hirtshals

Credit rating

Company information

Official name
Hirtshals Yard A/S
Personnel
34 persons
Established
2021
Company form
Limited company
Industry

About Hirtshals Yard A/S

Hirtshals Yard A/S (CVR number: 42233269) is a company from HJØRRING. The company recorded a gross profit of 34.5 mDKK in 2023. The operating profit was 8223.3 kDKK, while net earnings were 6285.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.6 %, which can be considered excellent and Return on Equity (ROE) was 167.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.5 %, 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. Hirtshals Yard A/S's liquidity measured by quick ratio was 1.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit15 331.5526 340.9734 469.07
EBIT590.72- 460.328 223.32
Net earnings185.86- 581.806 285.57
Shareholders equity total1 185.86604.066 889.63
Balance sheet total (assets)22 904.3922 988.2921 229.79
Net debt9 633.254 988.00-1 093.25
Profitability
EBIT-%
ROA2.6 %-1.5 %38.6 %
ROE15.7 %-65.0 %167.8 %
ROI4.5 %-3.1 %93.1 %
Economic value added (EVA)419.41- 459.766 397.55
Solvency
Equity ratio5.2 %2.6 %32.5 %
Gearing816.9 %878.6 %4.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.91.7
Current ratio1.11.12.1
Cash and cash equivalents54.27319.041 381.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:38.6%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.5%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

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