Hedin Nordic Truck A/S — Credit Rating and Financial Key Figures

CVR number: 56577815
Roholmsvej 19, 2620 Albertslund
iveco-nordic@hedinnordictruck.com
tel: 44570570
Free credit report Annual report

Credit rating

Company information

Official name
Hedin Nordic Truck A/S
Personnel
64 persons
Established
1976
Company form
Limited company
Industry

About Hedin Nordic Truck A/S

Hedin Nordic Truck A/S (CVR number: 56577815) is a company from ALBERTSLUND. The company reported a net sales of 393.4 mDKK in 2024, demonstrating a decline of -29.6 % compared to the previous year. The operating profit percentage was at 1.2 % (EBIT: 4.9 mDKK), while net earnings were 5176 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak but Return on Equity (ROE) was 5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 33 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Hedin Nordic Truck A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales466.37531.98528.14559.15393.42
Gross profit125.25104.80108.41121.1691.54
EBIT14.9415.7817.7822.934.89
Net earnings9.64-0.539.1614.795.18
Shareholders equity total116.54116.01125.17139.9667.13
Balance sheet total (assets)322.55407.20345.50324.43203.70
Net debt41.18115.1449.4533.39-32.98
Profitability
EBIT-%3.2 %3.0 %3.4 %4.1 %1.2 %
ROA4.2 %4.4 %5.1 %8.7 %3.4 %
ROE8.6 %-0.5 %7.6 %11.2 %5.0 %
ROI5.2 %5.9 %7.1 %12.7 %5.0 %
Economic value added (EVA)-4.000.52-0.685.41-8.11
Solvency
Equity ratio36.1 %28.5 %36.2 %43.1 %33.0 %
Gearing35.6 %99.6 %40.2 %25.2 %23.6 %
Relative net indebtedness %32.4 %44.9 %31.7 %22.4 %10.0 %
Liquidity
Quick ratio1.61.72.12.21.5
Current ratio2.21.82.32.62.0
Cash and cash equivalents0.320.450.831.8648.84
Capital use efficiency
Trade debtors turnover (days)6.12.70.65.525.3
Net working capital %28.6 %26.3 %28.4 %28.6 %18.9 %
Credit risk
Credit ratingAAAAAAAAAAAAAA

Variable visualization

ROA:3.44%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.0%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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