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H & B HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About H & B HOLDING A/S
H & B HOLDING A/S (CVR number: 12048882) is a company from HEDENSTED. The company recorded a gross profit of 144.3 kDKK in 2024. The operating profit was -5.7 kDKK, while net earnings were 1179.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.6 %, which can be considered excellent but Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. H & B HOLDING A/S's liquidity measured by quick ratio was 33.5 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 | 107.36 | 166.70 | 121.57 | 133.25 | 144.29 |
| EBIT | -89.71 | -8.33 | -18.43 | -16.75 | -5.71 |
| Net earnings | 7 496.89 | - 155.72 | 1 158.23 | 2 372.55 | 1 179.49 |
| Shareholders equity total | 26 286.45 | 24 130.73 | 25 174.56 | 27 129.31 | 26 308.80 |
| Balance sheet total (assets) | 30 438.72 | 24 561.46 | 25 533.73 | 27 823.92 | 27 290.29 |
| Net debt | -23 700.20 | -19 039.48 | -20 504.31 | -23 130.47 | -22 041.72 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 38.6 % | 15.0 % | 16.5 % | 18.1 % | 19.6 % |
| ROE | 31.8 % | -0.6 % | 4.7 % | 9.1 % | 4.4 % |
| ROI | 40.9 % | 15.7 % | 16.5 % | 18.3 % | 19.8 % |
| Economic value added (EVA) | -1 170.41 | -1 406.28 | -1 246.91 | -1 292.91 | -1 382.04 |
| Solvency | |||||
| Equity ratio | 86.4 % | 98.2 % | 98.7 % | 97.6 % | 96.5 % |
| Gearing | 5.0 % | 1.0 % | 0.1 % | 0.0 % | 2.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 6.4 | 68.9 | 287.3 | 58.9 | 33.5 |
| Current ratio | 6.4 | 68.9 | 228.8 | 56.0 | 32.5 |
| Cash and cash equivalents | 25 019.05 | 19 288.16 | 20 530.99 | 23 136.19 | 22 580.89 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | A | A | A |
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