Hitachi Energy Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 1526.9 mDKK in 2024, demonstrating a growth of 0 % compared to the previous year. The operating profit percentage was at 0.6 % (EBIT: 8.4 mDKK), while net earnings were 14.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 22.3 %, 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 1.3 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 744.12 | 568.04 | 1 598.06 | 1 526.74 | 1 526.93 |
Gross profit | 34.61 | 43.09 | 67.17 | 94.41 | 77.66 |
EBIT | -80.00 | 5.14 | 23.50 | 40.38 | 8.40 |
Net earnings | -63.86 | 3.64 | 18.72 | 38.24 | 14.59 |
Shareholders equity total | 88.87 | 117.52 | 136.24 | 258.48 | 273.06 |
Balance sheet total (assets) | 453.76 | 602.11 | 1 016.00 | 1 137.41 | 1 226.93 |
Net debt | 294.81 | 262.55 | 740.59 | 569.05 | 660.59 |
Profitability | |||||
EBIT-% | -10.8 % | 0.9 % | 1.5 % | 2.6 % | 0.6 % |
ROA | -15.3 % | 1.0 % | 3.1 % | 4.6 % | 1.7 % |
ROE | -63.4 % | 3.5 % | 14.8 % | 19.4 % | 5.5 % |
ROI | -17.2 % | 1.3 % | 3.9 % | 5.7 % | 2.2 % |
Economic value added (EVA) | -88.32 | -16.87 | -1.20 | -13.18 | -36.38 |
Solvency | |||||
Equity ratio | 19.6 % | 19.5 % | 13.4 % | 23.5 % | 22.3 % |
Gearing | 362.4 % | 229.3 % | 548.7 % | 220.2 % | 241.9 % |
Relative net indebtedness % | 44.9 % | 83.5 % | 54.3 % | 56.3 % | 61.3 % |
Liquidity | |||||
Quick ratio | 1.2 | 1.2 | 1.1 | 1.4 | 1.3 |
Current ratio | 1.2 | 1.2 | 1.2 | 1.3 | 1.3 |
Cash and cash equivalents | 27.29 | 6.87 | 6.87 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 100.6 | 66.3 | 28.7 | 22.8 | 43.2 |
Net working capital % | 11.1 % | 20.4 % | 8.7 % | 17.9 % | 18.7 % |
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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