A/S HOFFMANN'S ERHVERVSBEKLÆDNING — Credit Rating and Financial Key Figures

CVR number: 67417011
Søndre Ringvej 49 A, 2605 Brøndby
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Company information

Official name
A/S HOFFMANN'S ERHVERVSBEKLÆDNING
Established
1981
Company form
Limited company
Industry

About A/S HOFFMANN'S ERHVERVSBEKLÆDNING

A/S HOFFMANN'S ERHVERVSBEKLÆDNING (CVR number: 67417011) is a company from BRØNDBY. The company recorded a gross profit of -9.4 kDKK in 2023. The operating profit was -9.4 kDKK, while net earnings were 3178.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good but Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 94.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. A/S HOFFMANN'S ERHVERVSBEKLÆDNING's liquidity measured by quick ratio was 115.8 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

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Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit28 315.6530 228.10-46.45-9.63-9.39
EBIT2 645.934 548.47-46.45-9.63-9.39
Net earnings1 729.353 701.02134.939 113.173 178.05
Shareholders equity total54 423.8054 052.7835 494.3444 576.8545 871.46
Balance sheet total (assets)76 765.6093 512.2135 866.2649 010.7848 652.68
Net debt-2 649.098 314.28-6 271.36-3 373.18-9 837.65
Profitability
EBIT-%
ROA3.6 %6.2 %1.8 %23.6 %8.5 %
ROE5.0 %10.6 %0.4 %22.8 %7.0 %
ROI4.3 %7.6 %1.6 %23.7 %8.7 %
Economic value added (EVA)- 425.161 125.01-2 769.83- 611.81- 299.07
Solvency
Equity ratio70.9 %57.8 %99.0 %91.0 %94.3 %
Gearing19.5 %30.2 %0.3 %9.5 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.71.4181.67.1115.8
Current ratio5.82.8181.67.1115.8
Cash and cash equivalents13 252.807 987.546 380.567 617.9410 087.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:8.45%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.3%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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