HILDING ANDERS DANMARK A/S
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 500.02 | 501.62 | 485.83 | 442.01 | 417.01 |
Gross profit | 126.95 | 124.27 | 123.37 | 101.54 | 113.91 |
EBIT | 24.53 | 16.30 | -2.50 | 21.70 | 31.04 |
Net earnings | 43.88 | 32.37 | 28.00 | 42.25 | 86.22 |
Shareholders equity total | 214.03 | 210.12 | 212.29 | 251.58 | 353.85 |
Balance sheet total (assets) | 610.53 | 594.61 | 577.40 | 596.56 | 677.52 |
Net debt | 33.32 | 19.45 | |||
Profitability | |||||
EBIT-% | 4.9 % | 3.2 % | -0.5 % | 4.9 % | 7.4 % |
ROA | 4.2 % | 2.7 % | -0.4 % | 9.0 % | 12.0 % |
ROE | 13.4 % | 15.3 % | 13.3 % | 18.2 % | 28.5 % |
ROI | 4.5 % | 2.7 % | -0.4 % | 10.5 % | 16.1 % |
Economic value added (EVA) | 14.25 | 5.55 | -13.06 | 6.20 | 23.29 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 42.2 % | 52.2 % |
Gearing | 13.2 % | 5.5 % | |||
Relative net indebtedness % | 78.0 % | 77.6 % | |||
Liquidity | |||||
Quick ratio | 1.2 | 1.7 | |||
Current ratio | 1.4 | 1.9 | |||
Cash and cash equivalents | 0.01 | 0.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 10.8 | 10.1 | |||
Net working capital % | 20.0 % | 38.8 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BB | AAA | AAA |
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