HUSET INDBO A/S — Credit Rating and Financial Key Figures

CVR number: 24209628
Wilh Jensensvej 37, 9500 Hobro
tel: 98524943

Credit rating

Company information

Official name
HUSET INDBO A/S
Established
1999
Company form
Limited company
Industry

About HUSET INDBO A/S

HUSET INDBO A/S (CVR number: 24209628) is a company from MARIAGERFJORD. The company recorded a gross profit of 269.4 kDKK in 2022. The operating profit was 209.8 kDKK, while net earnings were 148.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good but Return on Equity (ROE) was 18.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. HUSET INDBO A/S's liquidity measured by quick ratio was 0.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit265.89255.90254.59246.29269.39
EBIT207.02197.03195.03185.92209.83
Net earnings130.13109.79135.63129.09148.10
Shareholders equity total- 438.59- 328.80- 193.16-64.0784.03
Balance sheet total (assets)1 688.701 584.891 512.261 550.711 683.89
Net debt761.43794.63821.24680.24442.92
Profitability
EBIT-%
ROA9.7 %9.8 %10.8 %11.2 %12.7 %
ROE7.8 %6.7 %8.8 %8.4 %18.1 %
ROI21.8 %19.9 %19.5 %18.7 %20.9 %
Economic value added (EVA)143.79139.67131.23115.66134.73
Solvency
Equity ratio-20.6 %-17.2 %-11.3 %-4.0 %5.0 %
Gearing-198.8 %-261.3 %-425.2 %-1214.1 %877.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.00.20.4
Current ratio0.10.10.00.20.4
Cash and cash equivalents110.5664.370.0897.65294.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:12.7%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:4.99%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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