HILDING ANDERS DANMARK A/S

CVR number: 19835901
Fabriksvej 13, 7760 Hurup Thy
finance.dk@hildinganders.com
tel: 82133030

Credit rating

Company information

Official name
HILDING ANDERS DANMARK A/S
Personnel
111 persons
Established
1997
Company form
Limited company
Industry
  • Expand more icon31Manufacture of furniture

About HILDING ANDERS DANMARK A/S

HILDING ANDERS DANMARK A/S (CVR number: 19835901) is a company from THISTED. The company reported a net sales of 417 mDKK in 2023, demonstrating a decline of -5.7 % compared to the previous year. The operating profit percentage was at 7.4 % (EBIT: 31 mDKK), while net earnings were 86.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good but Return on Equity (ROE) was 28.5 %, 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. HILDING ANDERS DANMARK 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales500.02501.62485.83442.01417.01
Gross profit126.95124.27123.37101.54113.91
EBIT24.5316.30-2.5021.7031.04
Net earnings43.8832.3728.0042.2586.22
Shareholders equity total214.03210.12212.29251.58353.85
Balance sheet total (assets)610.53594.61577.40596.56677.52
Net debt33.3219.45
Profitability
EBIT-%4.9 %3.2 %-0.5 %4.9 %7.4 %
ROA4.2 %2.7 %-0.4 %9.0 %12.0 %
ROE13.4 %15.3 %13.3 %18.2 %28.5 %
ROI4.5 %2.7 %-0.4 %10.5 %16.1 %
Economic value added (EVA)14.255.55-13.066.2023.29
Solvency
Equity ratio100.0 %100.0 %100.0 %42.2 %52.2 %
Gearing13.2 %5.5 %
Relative net indebtedness %78.0 %77.6 %
Liquidity
Quick ratio1.21.7
Current ratio1.41.9
Cash and cash equivalents0.010.00
Capital use efficiency
Trade debtors turnover (days)10.810.1
Net working capital %20.0 %38.8 %
Credit risk
Credit ratingBBBBBBBBAAAAAA

Variable visualization

ROA:12.0%
Rating: 61/100
-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

Companies in the same industry

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