A/S HVIDE SANDE ISVÆRK — Credit Rating and Financial Key Figures
Credit rating
Company information
About A/S HVIDE SANDE ISVÆRK
A/S HVIDE SANDE ISVÆRK (CVR number: 37633828) is a company from RINGKØBING-SKJERN. The company reported a net sales of 3 mDKK in 2024, demonstrating a decline of -11.1 % compared to the previous year. The operating profit percentage was at 26.5 % (EBIT: 0.8 mDKK), while net earnings were 814.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good and Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 86.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. A/S HVIDE SANDE ISVÆRK's liquidity measured by quick ratio was 11.5 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 | 2 964.89 | 2 211.27 | 3 416.22 | 3 421.42 | 3 041.66 |
Gross profit | 2 029.98 | 907.49 | 1 427.82 | 2 220.22 | 1 934.39 |
EBIT | 583.38 | - 204.35 | 388.74 | 987.09 | 804.96 |
Net earnings | 464.53 | -82.51 | 49.66 | 913.17 | 814.52 |
Shareholders equity total | 5 599.70 | 5 435.44 | 5 468.36 | 6 381.53 | 7 144.76 |
Balance sheet total (assets) | 6 459.86 | 6 077.18 | 6 154.22 | 7 858.56 | 8 300.49 |
Net debt | -4 187.53 | -4 070.53 | -4 278.41 | -5 214.61 | -6 497.90 |
Profitability | |||||
EBIT-% | 19.7 % | -9.2 % | 11.4 % | 28.9 % | 26.5 % |
ROA | 10.8 % | -1.5 % | 8.3 % | 16.7 % | 13.1 % |
ROE | 8.6 % | -1.5 % | 0.9 % | 15.4 % | 12.0 % |
ROI | 11.7 % | -1.7 % | 9.1 % | 19.0 % | 15.0 % |
Economic value added (EVA) | 348.30 | - 231.61 | 234.73 | 710.12 | 574.35 |
Solvency | |||||
Equity ratio | 86.7 % | 89.4 % | 88.9 % | 81.2 % | 86.1 % |
Gearing | 1.9 % | 1.5 % | |||
Relative net indebtedness % | -118.8 % | -162.8 % | -110.6 % | -117.7 % | -183.7 % |
Liquidity | |||||
Quick ratio | 6.6 | 8.9 | 10.4 | 7.2 | 11.5 |
Current ratio | 6.6 | 8.9 | 10.4 | 7.2 | 11.5 |
Cash and cash equivalents | 4 187.53 | 4 070.53 | 4 278.41 | 5 337.22 | 6 606.68 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 18.0 | 11.9 | 20.0 | 10.7 | 15.5 |
Net working capital % | 24.8 % | 30.5 % | 43.8 % | 69.1 % | 104.2 % |
Credit risk | |||||
Credit rating | AA | A | A | A | A |
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