Hitachi Energy Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 39856638
Meterbuen 33, 2740 Skovlunde
tel: 70101070

Company information

Official name
Hitachi Energy Denmark A/S
Personnel
62 persons
Established
2018
Company form
Limited company
Industry

About Hitachi Energy Denmark A/S

Hitachi Energy Denmark A/S (CVR number: 39856638) is a company from BALLERUP. The company reported a net sales of 1526.7 mDKK in 2023, demonstrating a decline of -4.5 % compared to the previous year. The operating profit percentage was at 2.6 % (EBIT: 40.4 mDKK), while net earnings were 38.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 19.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.5 %, 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. Hitachi Energy Denmark A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales171.91744.12568.041 598.061 526.74
Gross profit2.9934.6143.0967.1794.41
EBIT-2.70-80.005.1423.5040.38
Net earnings-2.27-63.863.6418.7238.24
Shareholders equity total112.7388.87117.52136.24258.48
Balance sheet total (assets)594.37453.76602.111 016.001 137.41
Net debt380.44294.81262.55740.59569.05
Profitability
EBIT-%-1.6 %-10.8 %0.9 %1.5 %2.6 %
ROA-0.5 %-15.3 %1.0 %3.1 %4.6 %
ROE-2.0 %-63.4 %3.5 %14.8 %19.4 %
ROI-0.5 %-17.2 %1.3 %3.9 %5.7 %
Economic value added (EVA)-2.12-67.290.8812.8625.00
Solvency
Equity ratio19.3 %19.6 %19.5 %13.4 %23.5 %
Gearing351.2 %362.4 %229.3 %548.7 %220.2 %
Relative net indebtedness %267.0 %44.9 %83.5 %54.3 %56.3 %
Liquidity
Quick ratio1.11.21.21.11.4
Current ratio1.11.21.21.21.3
Cash and cash equivalents15.5127.296.876.87
Capital use efficiency
Trade debtors turnover (days)133.5100.666.328.722.8
Net working capital %30.7 %11.1 %20.4 %8.7 %17.9 %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:4.62%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.5%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.