HydraSpecma A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HydraSpecma A/S
HydraSpecma A/S (CVR number: 87552411K) is a company from RINGKØBING-SKJERN. The company reported a net sales of 3031.1 mDKK in 2024, demonstrating a growth of 2 % compared to the previous year. The operating profit percentage was at 6.7 % (EBIT: 202.8 mDKK), while net earnings were 98.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 9.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 37.7 %, 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. HydraSpecma A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 977.23 | 2 315.46 | 2 536.28 | 2 971.63 | 3 031.07 |
Gross profit | 495.10 | 598.35 | 669.32 | 732.46 | 783.12 |
EBIT | 122.99 | 191.01 | 211.44 | 199.66 | 202.77 |
Net earnings | 62.46 | 142.83 | 157.03 | 128.24 | 98.11 |
Shareholders equity total | 574.81 | 692.31 | 755.08 | 980.18 | 1 036.69 |
Balance sheet total (assets) | 1 724.43 | 1 965.53 | 1 945.13 | 2 817.88 | 2 747.91 |
Net debt | 633.25 | 18.43 | 3.57 | -33.30 | -56.20 |
Profitability | |||||
EBIT-% | 6.2 % | 8.2 % | 8.3 % | 6.7 % | 6.7 % |
ROA | 14.6 % | 11.1 % | 11.5 % | 9.1 % | 7.6 % |
ROE | 21.8 % | 22.7 % | 21.8 % | 14.9 % | 9.7 % |
ROI | 18.8 % | 16.5 % | 19.0 % | 14.8 % | 13.5 % |
Economic value added (EVA) | 93.50 | 87.44 | 129.83 | 117.80 | 94.89 |
Solvency | |||||
Equity ratio | 33.3 % | 35.2 % | 38.8 % | 34.8 % | 37.7 % |
Gearing | 113.3 % | 6.7 % | 4.3 % | 4.1 % | 4.4 % |
Relative net indebtedness % | 57.2 % | 53.8 % | 45.8 % | 59.4 % | 53.1 % |
Liquidity | |||||
Quick ratio | 0.8 | 0.8 | 0.9 | 0.8 | 0.7 |
Current ratio | 1.5 | 1.5 | 1.8 | 1.4 | 1.2 |
Cash and cash equivalents | 17.89 | 27.71 | 28.86 | 73.94 | 101.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 102.5 | 98.8 | 86.2 | 90.2 | 92.5 |
Net working capital % | 17.1 % | 18.7 % | 22.2 % | 16.2 % | 8.1 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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