Hjørring Ejendomsselskab A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Hjørring Ejendomsselskab A/S
Hjørring Ejendomsselskab A/S (CVR number: 41090642) is a company from HJØRRING. The company recorded a gross profit of 1075.1 kDKK in 2023. The operating profit was -721.3 kDKK, while net earnings were -889.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.4 %, which can be considered poor and Return on Equity (ROE) was -30 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20 %, 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. Hjørring Ejendomsselskab 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | - 230.75 | 4 001.02 | 200.02 | 1 075.10 |
EBIT | - 230.75 | 7 498.00 | 648.24 | - 721.31 |
Net earnings | - 277.71 | 5 585.58 | 402.04 | - 889.72 |
Shareholders equity total | 4 825.52 | 3 007.86 | 3 409.90 | 2 520.19 |
Balance sheet total (assets) | 26 378.10 | 6 995.08 | 13 747.79 | 12 737.48 |
Net debt | 11 392.77 | 2 437.13 | 4 738.04 | 9 393.40 |
Profitability | ||||
EBIT-% | ||||
ROA | -0.9 % | 44.9 % | 6.3 % | -5.4 % |
ROE | -5.8 % | 142.6 % | 12.5 % | -30.0 % |
ROI | -1.3 % | 63.1 % | 8.5 % | -6.7 % |
Economic value added (EVA) | - 180.30 | 5 212.42 | 305.13 | - 773.51 |
Solvency | ||||
Equity ratio | 18.3 % | 43.1 % | 25.0 % | 20.0 % |
Gearing | 237.1 % | 81.1 % | 139.0 % | 372.7 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.0 | 0.0 | 0.0 | 0.7 |
Current ratio | 0.0 | 0.0 | 0.0 | 0.7 |
Cash and cash equivalents | 50.47 | 2.50 | 0.54 | 0.11 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | BBB | A | BBB |
Variable visualization
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