HSHANSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 403 668.00 | 350 849.00 | ||
Gross profit | 36 203.00 | 46 903.00 | ||
EBIT | 9 283.00 | 10 275.00 | ||
Net earnings | 3 605.00 | -66.00 | ||
Shareholders equity total | 58 009.00 | 52 486.00 | ||
Balance sheet total (assets) | 247 424.00 | 185 100.00 | ||
Net debt | -38 601.00 | -1 949.00 | ||
Profitability | ||||
EBIT-% | 2.3 % | 2.9 % | ||
ROA | 4.6 % | 4.3 % | ||
ROE | 6.2 % | -0.1 % | ||
ROI | 10.7 % | 9.0 % | ||
Economic value added (EVA) | - 129.95 | 7 232.65 | 9 604.22 | |
Solvency | ||||
Equity ratio | 23.4 % | 28.4 % | ||
Gearing | 36.3 % | 39.8 % | ||
Relative net indebtedness % | 25.4 % | 23.5 % | ||
Liquidity | ||||
Quick ratio | 1.4 | 1.7 | ||
Current ratio | 1.5 | 1.7 | ||
Cash and cash equivalents | 59 680.00 | 22 853.00 | ||
Capital use efficiency | ||||
Trade debtors turnover (days) | 40.1 | 23.4 | ||
Net working capital % | 17.6 % | 19.1 % | ||
Credit risk | ||||
Credit rating | C | B | A | A |
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