HOVMAND A/S

CVR number: 24257878
Sandvadsvej 15 A, 4600 Køge
customerservice@hovmand.com
tel: 57833300
www.hovmand.com

Credit rating

Company information

Official name
HOVMAND A/S
Personnel
54 persons
Established
1972
Company form
Limited company
Industry
  • Expand more icon282200Manufacture of lifting and handling equipment

About HOVMAND A/S

HOVMAND A/S (CVR number: 24257878) is a company from KØGE. The company reported a net sales of 127.7 mDKK in 2024, demonstrating a growth of 10.1 % compared to the previous year. The operating profit percentage was at 8 % (EBIT: 10.2 mDKK), while net earnings were 8412.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.8 %, which can be considered excellent and Return on Equity (ROE) was 37.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HOVMAND A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20202021202220232024
Volume
Net sales81.6590.75115.90127.66
Gross profit24.2629.7533.5944.42
EBIT3.638.173.0110.21
Net earnings4.016.412.728.41
Shareholders equity total16.5420.4619.3325.74
Balance sheet total (assets)34.7242.9652.2049.66
Net debt1.483.3211.890.61
Profitability
EBIT-%4.4 %9.0 %2.6 %8.0 %
ROA13.9 %21.6 %7.9 %21.8 %
ROE27.5 %34.7 %12.5 %37.3 %
ROI22.2 %35.6 %12.3 %35.0 %
Economic value added (EVA)2.485.97-0.572.377.13
Solvency
Equity ratio47.7 %47.8 %37.8 %52.2 %
Gearing20.7 %17.0 %62.7 %10.1 %
Relative net indebtedness %18.3 %22.6 %26.3 %16.0 %
Liquidity
Quick ratio0.91.01.21.3
Current ratio1.41.51.62.0
Cash and cash equivalents1.950.150.241.99
Capital use efficiency
Trade debtors turnover (days)49.664.168.752.5
Net working capital %9.0 %11.3 %12.8 %14.8 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:21.8%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.2%
Rating: 41/100
-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

Build time: 2024-12-17T03:02:38.958Z

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