H.G.H.- FINANS A/S — Credit Rating and Financial Key Figures

CVR number: 10513677
Tornehøj 130, 3520 Farum

Company information

Official name
H.G.H.- FINANS A/S
Personnel
1 person
Established
1986
Company form
Limited company
Industry

About H.G.H.- FINANS A/S

H.G.H.- FINANS A/S (CVR number: 10513677) is a company from FURESØ. The company reported a net sales of 0.6 mDKK in 2023, demonstrating a growth of 0.4 % compared to the previous year. The operating profit percentage was poor at -155.5 % (EBIT: -0.9 mDKK), while net earnings were 8685.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.1 %, which can be considered excellent and Return on Equity (ROE) was 20.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. H.G.H.- FINANS A/S's liquidity measured by quick ratio was 3.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales615.70584.10600.84603.99606.24
Gross profit296.80324.27290.85338.44227.32
EBIT272.72661.97360.85378.44- 942.68
Net earnings-1 559.2512 605.787 747.774 290.758 685.16
Shareholders equity total14 221.6126 827.4034 535.2438 825.9947 511.15
Balance sheet total (assets)26 010.0045 240.8753 723.2863 502.7670 859.20
Net debt-2 543.06-13 935.93-26 401.37-29 809.96-39 454.81
Profitability
EBIT-%44.3 %113.3 %60.1 %62.7 %-155.5 %
ROA4.9 %41.4 %35.6 %35.1 %18.1 %
ROE-10.4 %61.4 %25.3 %11.7 %20.1 %
ROI5.0 %42.2 %37.3 %37.3 %19.0 %
Economic value added (EVA)553.37711.23881.41822.88128.24
Solvency
Equity ratio54.7 %59.3 %64.3 %61.1 %67.1 %
Gearing80.2 %60.3 %41.8 %51.4 %40.7 %
Relative net indebtedness %-349.9 %-2224.1 %-3819.5 %-4369.7 %-6023.9 %
Liquidity
Quick ratio1.82.33.42.63.4
Current ratio1.82.33.42.63.4
Cash and cash equivalents13 942.4230 108.4640 836.2449 759.4758 815.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-797.5 %-2102.3 %-1912.8 %-3163.3 %-2875.4 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:18.1%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.1%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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