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 133.2 kDKK in 2023. The operating profit was -16.8 kDKK, while net earnings were 2372.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.1 %, which can be considered excellent but Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.6 %, 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 58.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -76.97 | 107.36 | 166.70 | 121.57 | 133.25 |
EBIT | - 288.06 | -89.71 | -8.33 | -18.43 | -16.75 |
Net earnings | 4 147.01 | 7 496.89 | - 155.72 | 1 158.23 | 2 372.55 |
Shareholders equity total | 20 900.16 | 26 286.45 | 24 130.73 | 25 174.56 | 27 129.31 |
Balance sheet total (assets) | 22 291.24 | 30 438.72 | 24 561.46 | 25 533.73 | 27 823.92 |
Net debt | -15 568.56 | -23 700.20 | -19 039.48 | -20 504.31 | -23 130.47 |
Profitability | |||||
EBIT-% | |||||
ROA | 31.1 % | 38.6 % | 15.0 % | 16.5 % | 18.1 % |
ROE | 22.0 % | 31.8 % | -0.6 % | 4.7 % | 9.1 % |
ROI | 31.4 % | 40.9 % | 15.7 % | 16.5 % | 18.3 % |
Economic value added (EVA) | - 482.43 | - 285.15 | -54.27 | - 236.66 | - 223.38 |
Solvency | |||||
Equity ratio | 93.8 % | 86.4 % | 98.2 % | 98.7 % | 97.6 % |
Gearing | 3.7 % | 5.0 % | 1.0 % | 0.1 % | 0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 14.2 | 6.4 | 68.9 | 287.3 | 58.9 |
Current ratio | 14.2 | 6.4 | 68.9 | 228.8 | 56.0 |
Cash and cash equivalents | 16 336.45 | 25 019.05 | 19 288.16 | 20 530.99 | 23 136.19 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | AA | AA |
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