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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 320.5 mDKK in 2024, demonstrating a decline of -8.7 % compared to the previous year. The operating profit percentage was at 2.4 % (EBIT: 7.6 mDKK), while net earnings were 4066 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent and Return on Equity (ROE) was 7.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 30.3 %, 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. HSHANSEN A/S's liquidity measured by quick ratio was 1.8 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 financials2020 | 2023 | 2024 | |
|---|---|---|---|
| Volume | |||
| Net sales | 350 849.00 | 320 474.00 | |
| Gross profit | 46 903.00 | 45 629.00 | |
| EBIT | 10 275.00 | 7 556.00 | |
| Net earnings | -66.00 | 4 066.00 | |
| Shareholders equity total | 52 486.00 | 56 515.00 | |
| Balance sheet total (assets) | 185 100.00 | 186 232.00 | |
| Net debt | -15 929.00 | -50 902.00 | |
| Profitability | |||
| EBIT-% | 2.9 % | 2.4 % | |
| ROA | 5.0 % | 6.9 % | |
| ROE | -0.1 % | 7.5 % | |
| ROI | 9.3 % | 13.0 % | |
| Economic value added (EVA) | 8 763.43 | 312.02 | |
| Solvency | |||
| Equity ratio | 28.4 % | 30.3 % | |
| Gearing | 39.8 % | 14.8 % | |
| Relative net indebtedness % | 19.6 % | 12.1 % | |
| Liquidity | |||
| Quick ratio | 1.7 | 1.8 | |
| Current ratio | 1.7 | 1.8 | |
| Cash and cash equivalents | 36 833.00 | 59 271.00 | |
| Capital use efficiency | |||
| Trade debtors turnover (days) | 23.4 | 25.1 | |
| Net working capital % | 15.1 % | 13.3 % | |
| Credit risk | |||
| Credit rating | BB | BB | BBB |
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