HYDRO PRECISION TUBING TØNDER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HYDRO PRECISION TUBING TØNDER A/S
HYDRO PRECISION TUBING TØNDER A/S (CVR number: 37488410) is a company from TØNDER. The company reported a net sales of 1136.7 mDKK in 2024, demonstrating a growth of 1.1 % compared to the previous year. The operating profit percentage was at 0.5 % (EBIT: 5.9 mDKK), while net earnings were 1438 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 54.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HYDRO PRECISION TUBING TØNDER 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 | 807.42 | 972.46 | 1 291.19 | 1 124.43 | 1 136.68 |
Gross profit | 348.67 | 292.76 | 229.34 | 224.22 | 296.92 |
EBIT | 111.55 | 43.62 | -51.33 | -77.54 | 5.93 |
Net earnings | 86.38 | 33.92 | -40.82 | -63.34 | 1.44 |
Shareholders equity total | 360.13 | 394.05 | 343.23 | 279.90 | 281.34 |
Balance sheet total (assets) | 578.63 | 571.14 | 632.59 | 530.67 | 514.60 |
Net debt | 42.39 | 169.67 | 124.40 | 111.48 | |
Profitability | |||||
EBIT-% | 13.8 % | 4.5 % | -4.0 % | -6.9 % | 0.5 % |
ROA | 20.7 % | 7.7 % | -8.3 % | -13.2 % | 1.1 % |
ROE | 26.8 % | 9.0 % | -11.1 % | -20.3 % | 0.5 % |
ROI | 32.4 % | 10.4 % | -10.1 % | -16.0 % | 1.5 % |
Economic value added (EVA) | 72.32 | 15.55 | -62.50 | -86.91 | -15.58 |
Solvency | |||||
Equity ratio | 62.2 % | 69.0 % | 54.3 % | 52.7 % | 54.7 % |
Gearing | 10.8 % | 49.4 % | 44.4 % | 39.6 % | |
Relative net indebtedness % | 25.8 % | 17.2 % | 21.6 % | 21.5 % | 19.8 % |
Liquidity | |||||
Quick ratio | 2.0 | 1.2 | 0.7 | 0.6 | 0.7 |
Current ratio | 2.0 | 2.4 | 1.6 | 1.4 | 1.4 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 39.6 | 37.4 | 35.3 | 41.0 | |
Net working capital % | 24.6 % | 21.5 % | 12.7 % | 8.4 % | 7.6 % |
Credit risk | |||||
Credit rating | AA | AAA | A | A | AAA |
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