Hjortgaard Smede og Montage ApS — Credit Rating and Financial Key Figures

CVR number: 37467863
Borsholmvej 21, Borsholm 3100 Hornbæk
hjortgaardsmed@mail.dk
tel: 49203038
www.hjortgaardsmed.dk

Credit rating

Company information

Official name
Hjortgaard Smede og Montage ApS
Personnel
12 persons
Established
2016
Domicile
Borsholm
Company form
Private limited company
Industry
  • Expand more icon33Repair and installation of machinery and equipment

About Hjortgaard Smede og Montage ApS

Hjortgaard Smede og Montage ApS (CVR number: 37467863) is a company from HELSINGØR. The company recorded a gross profit of 7612.1 kDKK in 2023. The operating profit was 2903.2 kDKK, while net earnings were 2254.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 51.8 %, which can be considered excellent and Return on Equity (ROE) was 61.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.9 %, 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. Hjortgaard Smede og Montage ApS's liquidity measured by quick ratio was 2.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6 649.536 232.514 341.734 365.317 612.14
EBIT421.8291.68- 313.91714.052 903.24
Net earnings269.82-9.64- 283.65509.562 254.28
Shareholders equity total2 554.012 544.372 260.722 770.284 524.56
Balance sheet total (assets)3 787.874 666.363 147.504 046.717 193.66
Net debt235.91-2 737.36- 346.74315.21530.27
Profitability
EBIT-%
ROA11.5 %2.3 %-7.8 %20.1 %51.8 %
ROE11.2 %-0.4 %-11.8 %20.3 %61.8 %
ROI15.5 %3.6 %-12.4 %26.7 %71.4 %
Economic value added (EVA)199.97-15.93- 232.28460.542 139.69
Solvency
Equity ratio67.4 %54.5 %71.8 %68.5 %62.9 %
Gearing9.2 %2.3 %2.7 %11.5 %11.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.31.92.72.72.5
Current ratio2.52.03.13.02.6
Cash and cash equivalents0.022 795.97407.132.907.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:51.8%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.9%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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