HEARTLAND A/S — Credit Rating and Financial Key Figures

CVR number: 28502370
Store Torv 1, 8000 Aarhus C

Company information

Official name
HEARTLAND A/S
Personnel
33 persons
Established
2005
Company form
Limited company
Industry

About HEARTLAND A/S

HEARTLAND A/S (CVR number: 28502370K) is a company from AARHUS. The company reported a net sales of 57329 mDKK in 2024, demonstrating a growth of 4.3 % compared to the previous year. The operating profit percentage was at 9.6 % (EBIT: 5510 mDKK), while net earnings were 2577 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good but Return on Equity (ROE) was 8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 57.1 %, 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. HEARTLAND A/S's liquidity measured by quick ratio was 0.5 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales39 155.0050 491.0054 980.0057 329.00
Gross profit12 060.0015 070.0015 120.0017 417.00
EBIT4 029.006 412.004 912.005 510.00
Net earnings5 924.001 255.001 060.002 577.00
Shareholders equity total31 580.0033 921.0032 755.0034 785.00
Balance sheet total (assets)56 053.0061 153.0058 012.0060 900.00
Net debt5 633.0010 155.0010 010.006 929.00
Profitability
EBIT-%10.3 %12.7 %8.9 %9.6 %
ROA13.3 %7.0 %5.6 %9.0 %
ROE19.4 %4.0 %3.3 %8.0 %
ROI16.3 %8.6 %6.7 %10.9 %
Economic value added (EVA)- 397.573 135.364 920.763 105.203 174.06
Solvency
Equity ratio56.3 %55.5 %56.5 %57.1 %
Gearing37.9 %41.5 %45.5 %34.7 %
Relative net indebtedness %41.4 %42.6 %34.4 %32.8 %
Liquidity
Quick ratio0.50.50.60.5
Current ratio0.81.01.01.0
Cash and cash equivalents6 332.003 935.004 883.005 156.00
Capital use efficiency
Trade debtors turnover (days)27.623.719.815.9
Net working capital %-12.8 %-2.1 %-1.5 %-0.4 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:8.98%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.1%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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