HSHANSEN A/S — Credit Rating and Financial Key Figures

CVR number: 73492114
Randersvej 2 B, 8600 Silkeborg
tel: 96751102

Credit rating

Company information

Official name
HSHANSEN A/S
Personnel
100 persons
Established
1984
Company form
Limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About HSHANSEN A/S

HSHANSEN A/S (CVR number: 73492114) is a company from SILKEBORG. The company reported a net sales of 350.8 mDKK in 2023, demonstrating a decline of -13.1 % compared to the previous year. The operating profit percentage was at 2.9 % (EBIT: 10.3 mDKK), while net earnings were -66 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.4 %, 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. HSHANSEN A/S's liquidity measured by quick ratio was 1.7 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
2019202020222023
Volume
Net sales403 668.00350 849.00
Gross profit36 203.0046 903.00
EBIT9 283.0010 275.00
Net earnings3 605.00-66.00
Shareholders equity total58 009.0052 486.00
Balance sheet total (assets)247 424.00185 100.00
Net debt-38 601.00-1 949.00
Profitability
EBIT-%2.3 %2.9 %
ROA4.6 %4.3 %
ROE6.2 %-0.1 %
ROI10.7 %9.0 %
Economic value added (EVA)- 129.957 232.659 604.22
Solvency
Equity ratio23.4 %28.4 %
Gearing36.3 %39.8 %
Relative net indebtedness %25.4 %23.5 %
Liquidity
Quick ratio1.41.7
Current ratio1.51.7
Cash and cash equivalents59 680.0022 853.00
Capital use efficiency
Trade debtors turnover (days)40.123.4
Net working capital %17.6 %19.1 %
Credit risk
Credit ratingCBAA

Variable visualization

ROA:4.32%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.4%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer
Board member

Companies in the same industry

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