M. HJORTENBERG ApS — Credit Rating and Financial Key Figures

CVR number: 56323511
Markvej 60, 2660 Brøndby Strand
tel: 43543576

Company information

Official name
M. HJORTENBERG ApS
Personnel
4 persons
Established
1975
Company form
Private limited company
Industry

About M. HJORTENBERG ApS

M. HJORTENBERG ApS (CVR number: 56323511) is a company from BRØNDBY. The company recorded a gross profit of 572.3 kDKK in 2023. The operating profit was -483 kDKK, while net earnings were 823.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.1 %, which can be considered good and Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 84.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M. HJORTENBERG ApS's liquidity measured by quick ratio was 5.4 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 profit600.73718.80602.16542.22572.33
EBIT- 430.03- 340.20- 396.78- 483.34- 482.95
Net earnings- 133.49566.61- 811.90436.02823.17
Shareholders equity total7 039.967 551.276 682.867 061.687 825.95
Balance sheet total (assets)7 559.148 302.287 447.327 973.889 230.97
Net debt-5 713.65-6 668.35-5 872.19-6 455.40-7 553.77
Profitability
EBIT-%
ROA2.0 %7.7 %-4.2 %6.6 %14.1 %
ROE-1.9 %7.8 %-11.4 %6.3 %11.1 %
ROI2.1 %8.3 %-4.7 %7.4 %16.3 %
Economic value added (EVA)- 684.52- 387.48- 441.15- 524.08- 407.47
Solvency
Equity ratio93.1 %91.0 %89.7 %88.6 %84.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio12.58.97.77.15.4
Current ratio16.411.09.78.76.6
Cash and cash equivalents5 713.656 668.355 872.196 455.407 553.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:14.1%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.8%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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