HAUGE KORN A/S — Credit Rating and Financial Key Figures

CVR number: 35054502
Bukshavevej 8, 6100 Haderslev
jf@haugekorn.dk
tel: 52242501
www.haugekorn.dk
Free credit report

Credit rating

Company information

Official name
HAUGE KORN A/S
Personnel
2 persons
Established
2013
Company form
Limited company
Industry

About HAUGE KORN A/S

HAUGE KORN A/S (CVR number: 35054502) is a company from HADERSLEV. The company recorded a gross profit of 818.4 kDKK in 2023. The operating profit was 342.6 kDKK, while net earnings were 270.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19 %, which can be considered excellent and Return on Equity (ROE) was 39.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HAUGE KORN A/S's liquidity measured by quick ratio was 5.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit657.30678.18873.33793.23818.36
EBIT125.17137.54257.5264.81342.62
Net earnings100.2294.26185.8736.46270.23
Shareholders equity total309.40403.66589.53545.98816.21
Balance sheet total (assets)1 079.221 329.001 293.041 434.992 202.85
Net debt- 264.11- 541.50- 437.31-1 080.11- 792.52
Profitability
EBIT-%
ROA17.1 %11.4 %19.6 %4.8 %19.0 %
ROE38.7 %26.4 %37.4 %6.4 %39.7 %
ROI48.1 %38.4 %51.7 %11.3 %50.5 %
Economic value added (EVA)102.72102.80205.6841.77294.10
Solvency
Equity ratio28.7 %30.4 %82.6 %65.1 %65.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.31.410.34.95.1
Current ratio1.31.41.81.61.6
Cash and cash equivalents264.11541.50437.311 080.11792.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:19.0%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.2%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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