HB8 Design Products A/S — Credit Rating and Financial Key Figures

CVR number: 31746957
Odinsvej 5, 8850 Bjerringbro
financeDK@labofa.com
tel: 70225096

Credit rating

Company information

Official name
HB8 Design Products A/S
Personnel
38 persons
Established
2008
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About HB8 Design Products A/S

HB8 Design Products A/S (CVR number: 31746957) is a company from VIBORG. The company recorded a gross profit of 52.5 mDKK in 2023. The operating profit was 30.1 mDKK, while net earnings were 25.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 29.4 %, which can be considered excellent and Return on Equity (ROE) was 45.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HB8 Design Products A/S's liquidity measured by quick ratio was 1.6 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 078.8329 042.1951 329.0544 670.7052 469.23
EBIT6 403.0420 938.1834 014.4319 884.9530 079.57
Net earnings5 789.6716 475.2926 918.7615 907.3525 163.08
Shareholders equity total15 513.5921 988.8833 907.6449 814.9859 978.06
Balance sheet total (assets)28 755.9875 196.9596 391.1399 209.35124 451.30
Net debt-17.957 197.79- 428.38732.8013 315.99
Profitability
EBIT-%
ROA26.3 %41.3 %40.6 %22.5 %29.4 %
ROE45.9 %87.9 %96.3 %38.0 %45.8 %
ROI40.9 %90.6 %95.1 %44.8 %49.4 %
Economic value added (EVA)4 711.9415 764.6525 645.4814 406.4621 219.85
Solvency
Equity ratio53.9 %29.2 %35.2 %50.2 %48.2 %
Gearing7.3 %32.7 %24.4 %6.3 %26.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.11.21.61.6
Current ratio2.31.51.72.22.1
Cash and cash equivalents1 148.158 698.412 392.972 560.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:29.4%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.2%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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