HEDEGAARD A/S — Credit Rating and Financial Key Figures

CVR number: 34728712
Nordre Havnegade 3, 9400 Nørresundby
info@hedegaard-as.dk

Credit rating

Company information

Official name
HEDEGAARD A/S
Personnel
100 persons
Established
1916
Company form
Limited company
Industry
  • Expand more icon10Manufacture of food products

About HEDEGAARD A/S

HEDEGAARD A/S (CVR number: 34728712) is a company from AALBORG. The company recorded a gross profit of 0 kDKK in 2023, demonstrating a decline of -100 % compared to the previous year. The operating profit was 0 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HEDEGAARD A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 663.112 447.692 448.702 998.64
Gross profit180.23184.16220.23235.99
EBIT11.96-8.2413.9429.39
Net earnings7.66-7.619.3318.47
Shareholders equity total212.34200.49214.32236.33236.33
Balance sheet total (assets)714.04689.39684.47875.80236.33
Net debt114.75110.08132.42320.45
Profitability
EBIT-%0.4 %-0.3 %0.6 %1.0 %
ROA3.4 %-1.1 %2.0 %3.7 %
ROE7.2 %-3.7 %4.5 %8.2 %
ROI7.1 %-2.3 %4.1 %6.1 %
Economic value added (EVA)9.05-19.90-2.0610.15-13.88
Solvency
Equity ratio45.0 %45.9 %50.5 %37.1 %100.0 %
Gearing59.6 %55.1 %67.5 %136.7 %
Relative net indebtedness %18.1 %19.6 %18.3 %21.1 %
Liquidity
Quick ratio1.71.62.00.8
Current ratio1.41.41.41.3
Cash and cash equivalents11.780.4012.142.53
Capital use efficiency
Trade debtors turnover (days)25.626.428.024.9
Net working capital %6.1 %6.4 %7.1 %6.3 %
Credit risk
Credit ratingABBBAAABB

Variable visualization

Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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