HIMMERLAND SALG & SERVICE A/S — Credit Rating and Financial Key Figures

CVR number: 13684774
Himmerlandsgade 110 A, 9600 Aars
post@himmerland-forsikring.dk

Credit rating

Company information

Official name
HIMMERLAND SALG & SERVICE A/S
Personnel
20 persons
Established
1989
Company form
Limited company
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About HIMMERLAND SALG & SERVICE A/S

HIMMERLAND SALG & SERVICE A/S (CVR number: 13684774) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 12.6 mDKK in 2023. The operating profit was 2366.2 kDKK, while net earnings were 1942.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.1 %, which can be considered excellent and Return on Equity (ROE) was 26.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.3 %, 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. HIMMERLAND SALG & SERVICE A/S's liquidity measured by quick ratio was 3.3 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
20192020202120222023
Volume
Net sales
Gross profit13 422.8811 022.9711 486.1110 476.4112 595.72
EBIT1 665.13487.121 126.92259.242 366.24
Net earnings1 282.66355.15824.75196.111 942.27
Shareholders equity total5 008.805 363.956 188.706 384.828 327.09
Balance sheet total (assets)9 501.859 264.389 214.3910 692.3611 686.51
Net debt-7 562.04-6 874.38-6 561.54-7 709.00-8 997.64
Profitability
EBIT-%
ROA21.0 %5.2 %12.2 %2.6 %21.1 %
ROE29.4 %6.8 %14.3 %3.1 %26.4 %
ROI30.4 %8.0 %17.9 %3.5 %28.2 %
Economic value added (EVA)1 372.73569.12959.41270.272 003.49
Solvency
Equity ratio52.7 %57.9 %67.2 %59.7 %71.3 %
Gearing24.2 %11.5 %6.1 %28.5 %2.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.32.92.33.3
Current ratio2.02.32.92.33.3
Cash and cash equivalents8 773.347 491.366 940.669 527.449 196.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:21.1%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.3%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chairman of the board
Board member
Board member

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