HADSTEN SMEDE- OG MASKINVÆRKSTED A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HADSTEN SMEDE- OG MASKINVÆRKSTED A/S
HADSTEN SMEDE- OG MASKINVÆRKSTED A/S (CVR number: 73195217) is a company from FAVRSKOV. The company recorded a gross profit of 1859.4 kDKK in 2023. The operating profit was -728 kDKK, while net earnings were -704.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9 %, which can be considered poor and Return on Equity (ROE) was -28.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.6 %, 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. HADSTEN SMEDE- OG MASKINVÆRKSTED A/S's liquidity measured by quick ratio was 0.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 153.42 | 2 975.43 | 3 005.59 | 1 977.12 | 1 859.41 |
EBIT | 174.56 | 167.74 | 39.32 | - 408.41 | - 727.97 |
Net earnings | 98.49 | 84.31 | -69.10 | - 439.68 | - 704.46 |
Shareholders equity total | 3 411.07 | 3 395.39 | 3 241.29 | 2 801.61 | 2 097.15 |
Balance sheet total (assets) | 6 918.20 | 7 607.23 | 9 027.55 | 8 323.65 | 7 888.71 |
Net debt | 1 314.45 | 1 877.67 | 2 762.95 | 4 144.10 | 3 722.72 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.4 % | 2.9 % | 1.0 % | -3.8 % | -9.0 % |
ROE | 2.9 % | 2.5 % | -2.1 % | -14.6 % | -28.8 % |
ROI | 3.8 % | 3.5 % | 1.2 % | -4.5 % | -10.1 % |
Economic value added (EVA) | -71.34 | -58.35 | - 178.44 | - 560.86 | - 789.39 |
Solvency | |||||
Equity ratio | 49.3 % | 44.6 % | 36.0 % | 33.7 % | 26.6 % |
Gearing | 68.3 % | 70.5 % | 115.6 % | 154.1 % | 244.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.3 | 1.4 | 0.9 | 0.6 |
Current ratio | 2.6 | 2.4 | 2.5 | 2.1 | 1.7 |
Cash and cash equivalents | 1 015.00 | 517.25 | 982.72 | 173.32 | 1 398.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BBB |
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