HH INSTRUMENTS A/S — Credit Rating and Financial Key Figures

CVR number: 89434718
Lyshøjen 14 A, 8520 Lystrup
rasmus@hhinstruments.dk
tel: 31171615

Company information

Official name
HH INSTRUMENTS A/S
Personnel
7 persons
Established
1982
Company form
Limited company
Industry

About HH INSTRUMENTS A/S

HH INSTRUMENTS A/S (CVR number: 89434718) is a company from AARHUS. The company recorded a gross profit of 7690.5 kDKK in 2023. The operating profit was 4932.5 kDKK, while net earnings were 3842.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 82.5 %, which can be considered excellent and Return on Equity (ROE) was 121.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HH INSTRUMENTS A/S's liquidity measured by quick ratio was 3.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 163.382 449.162 466.833 258.427 690.52
EBIT1 191.291 532.261 292.411 954.104 932.49
Net earnings919.001 191.97986.411 505.363 842.66
Shareholders equity total1 419.151 692.221 486.722 005.694 342.66
Balance sheet total (assets)3 876.813 181.623 931.074 558.367 401.42
Net debt-1 475.97- 733.90- 495.81-2 349.25-4 639.43
Profitability
EBIT-%
ROA37.9 %43.4 %36.3 %46.0 %82.5 %
ROE71.4 %76.6 %62.1 %86.2 %121.1 %
ROI92.2 %98.0 %80.9 %111.5 %155.0 %
Economic value added (EVA)877.181 200.22946.361 458.953 862.51
Solvency
Equity ratio36.6 %53.2 %37.8 %44.0 %58.7 %
Gearing0.4 %0.3 %0.4 %0.3 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.81.41.63.5
Current ratio1.52.11.61.83.7
Cash and cash equivalents1 481.50739.54501.572 355.134 645.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:82.5%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.7%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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