Hommelhoff Group A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Hommelhoff Group A/S
Hommelhoff Group A/S (CVR number: 27512356K) is a company from AARHUS. The company reported a net sales of 130.2 mDKK in 2024, demonstrating a growth of 153.4 % compared to the previous year. The operating profit percentage was poor at -17.2 % (EBIT: -22.4 mDKK), while net earnings were -578.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -4.9 %, which can be considered poor and Return on Equity (ROE) was -27.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Hommelhoff Group A/S's liquidity measured by quick ratio was 1.5 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 | 46.20 | 84.47 | 124.55 | 51.40 | 130.22 |
Gross profit | 46.20 | 84.47 | 124.55 | -1.96 | 14.02 |
EBIT | 16.45 | 5.09 | 10.43 | -28.68 | -22.42 |
Net earnings | 95.04 | 1 014.56 | 47.30 | - 154.18 | - 578.92 |
Shareholders equity total | 1 348.13 | 2 356.78 | 2 389.01 | 2 231.15 | 1 980.74 |
Balance sheet total (assets) | 1 753.02 | 3 354.74 | 3 380.02 | 3 252.08 | 2 900.74 |
Net debt | 667.74 | 415.34 | |||
Profitability | |||||
EBIT-% | 35.6 % | 6.0 % | 8.4 % | -55.8 % | -17.2 % |
ROA | 0.9 % | 0.2 % | 0.3 % | -2.4 % | -4.9 % |
ROE | 7.1 % | 54.8 % | 2.0 % | -6.6 % | -27.4 % |
ROI | 0.9 % | 0.2 % | 0.3 % | -2.5 % | -5.1 % |
Economic value added (EVA) | -51.16 | -62.65 | - 107.99 | - 140.41 | - 131.98 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 69.9 % | 69.1 % |
Gearing | 37.9 % | 32.5 % | |||
Relative net indebtedness % | 1585.2 % | 505.5 % | |||
Liquidity | |||||
Quick ratio | 3.7 | 1.5 | |||
Current ratio | 4.2 | 1.8 | |||
Cash and cash equivalents | 178.09 | 228.22 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 4.8 | 3.3 | |||
Net working capital % | 688.7 % | 122.5 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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