H.G.H.- FINANS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 615.70 | 584.10 | 600.84 | 603.99 | 606.24 |
Gross profit | 296.80 | 324.27 | 290.85 | 338.44 | 227.32 |
EBIT | 272.72 | 661.97 | 360.85 | 378.44 | - 942.68 |
Net earnings | -1 559.25 | 12 605.78 | 7 747.77 | 4 290.75 | 8 685.16 |
Shareholders equity total | 14 221.61 | 26 827.40 | 34 535.24 | 38 825.99 | 47 511.15 |
Balance sheet total (assets) | 26 010.00 | 45 240.87 | 53 723.28 | 63 502.76 | 70 859.20 |
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 % |
ROA | 4.9 % | 41.4 % | 35.6 % | 35.1 % | 18.1 % |
ROE | -10.4 % | 61.4 % | 25.3 % | 11.7 % | 20.1 % |
ROI | 5.0 % | 42.2 % | 37.3 % | 37.3 % | 19.0 % |
Economic value added (EVA) | 553.37 | 711.23 | 881.41 | 822.88 | 128.24 |
Solvency | |||||
Equity ratio | 54.7 % | 59.3 % | 64.3 % | 61.1 % | 67.1 % |
Gearing | 80.2 % | 60.3 % | 41.8 % | 51.4 % | 40.7 % |
Relative net indebtedness % | -349.9 % | -2224.1 % | -3819.5 % | -4369.7 % | -6023.9 % |
Liquidity | |||||
Quick ratio | 1.8 | 2.3 | 3.4 | 2.6 | 3.4 |
Current ratio | 1.8 | 2.3 | 3.4 | 2.6 | 3.4 |
Cash and cash equivalents | 13 942.42 | 30 108.46 | 40 836.24 | 49 759.47 | 58 815.13 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -797.5 % | -2102.3 % | -1912.8 % | -3163.3 % | -2875.4 % |
Credit risk | |||||
Credit rating | A | AA | AA | AA | AA |
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