SØREN HEDE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SØREN HEDE A/S
SØREN HEDE A/S (CVR number: 70332612) is a company from Høje-Taastrup. The company recorded a gross profit of -153 kDKK in 2024. The operating profit was -233 kDKK, while net earnings were -231.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.8 %, which can be considered poor and Return on Equity (ROE) was -21.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.8 %, 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. SØREN HEDE A/S's liquidity measured by quick ratio was 4.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 147.57 | -95.71 | - 349.00 | -92.12 | - 152.98 |
EBIT | - 267.57 | - 230.88 | -1 294.02 | - 990.64 | - 232.98 |
Net earnings | 347.87 | - 200.76 | -1 442.73 | - 967.42 | - 231.77 |
Shareholders equity total | 4 064.55 | 3 807.29 | 2 264.45 | 1 238.12 | 945.35 |
Balance sheet total (assets) | 4 574.78 | 4 623.64 | 2 445.87 | 1 708.99 | 1 231.13 |
Net debt | -2 448.79 | -2 160.43 | -1 439.12 | -1 212.71 | - 938.41 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.1 % | -2.1 % | -33.8 % | -46.1 % | -15.8 % |
ROE | 8.9 % | -5.1 % | -47.5 % | -55.2 % | -21.2 % |
ROI | 8.2 % | -2.2 % | -34.4 % | -46.6 % | -15.8 % |
Economic value added (EVA) | - 467.81 | - 457.34 | -1 523.13 | -1 111.07 | - 318.72 |
Solvency | |||||
Equity ratio | 88.8 % | 82.3 % | 92.6 % | 72.4 % | 76.8 % |
Gearing | 10.9 % | 19.8 % | 5.8 % | 37.8 % | 30.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.7 | 3.6 | 8.9 | 3.6 | 4.3 |
Current ratio | 5.7 | 3.6 | 8.9 | 3.6 | 4.3 |
Cash and cash equivalents | 2 890.92 | 2 912.58 | 1 571.44 | 1 680.89 | 1 224.18 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
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