HANS SCHMIDT HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HANS SCHMIDT HOLDING A/S
HANS SCHMIDT HOLDING A/S (CVR number: 13356572) is a company from TØNDER. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a growth of -374.7 % compared to the previous year. The operating profit percentage was at 96.7 % (EBIT: 0.9 mDKK), while net earnings were 1756 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 9.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 81.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HANS SCHMIDT HOLDING A/S's liquidity measured by quick ratio was 1.9 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 | 1 291.18 | 3 270.87 | 5 167.08 | - 323.19 | 887.89 |
Gross profit | 1 264.36 | 3 260.57 | 5 387.61 | - 346.55 | 858.27 |
EBIT | 1 264.36 | 3 260.57 | 5 387.61 | - 346.55 | 858.27 |
Net earnings | 1 242.31 | 3 915.89 | 5 145.16 | -2 714.88 | 1 756.03 |
Shareholders equity total | 12 483.43 | 16 288.72 | 20 833.88 | 17 819.01 | 19 275.03 |
Balance sheet total (assets) | 14 593.15 | 16 348.19 | 22 688.51 | 20 880.80 | 23 725.85 |
Net debt | 116.19 | 37.87 | -6 583.64 | -3 458.07 | -3 436.90 |
Profitability | |||||
EBIT-% | 97.9 % | 99.7 % | 104.3 % | 96.7 % | |
ROA | 9.0 % | 21.3 % | 27.6 % | -1.9 % | 7.4 % |
ROE | 11.3 % | 27.2 % | 27.7 % | -14.0 % | 9.5 % |
ROI | 9.4 % | 21.4 % | 27.6 % | -1.9 % | 7.5 % |
Economic value added (EVA) | 1 857.75 | 4 025.22 | 5 736.02 | 392.69 | 1 692.97 |
Solvency | |||||
Equity ratio | 85.5 % | 99.6 % | 91.8 % | 85.3 % | 81.2 % |
Gearing | 0.9 % | 0.2 % | 8.7 % | 17.1 % | 21.0 % |
Relative net indebtedness % | 163.3 % | 1.8 % | -126.7 % | 1063.3 % | -341.3 % |
Liquidity | |||||
Quick ratio | 32.4 | 86.5 | 4.7 | 2.3 | 1.9 |
Current ratio | 32.4 | 86.5 | 4.7 | 2.3 | 1.9 |
Cash and cash equivalents | 1.11 | 0.75 | 8 400.23 | 6 498.20 | 7 481.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 505.6 % | 155.4 % | -29.1 % | 742.0 % | -387.6 % |
Credit risk | |||||
Credit rating | A | A | AA | BBB | AA |
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