K/S HJG, VEJLE — Credit Rating and Financial Key Figures

CVR number: 31088577
Merkurvej 1 K, 7400 Herning
tel: 70117500

Credit rating

Company information

Official name
K/S HJG, VEJLE
Personnel
3 persons
Established
2007
Company form
Limited partnership
Industry

About K/S HJG, VEJLE

K/S HJG, VEJLE (CVR number: 31088577) is a company from HERNING. The company reported a net sales of 10.3 mDKK in 2022, demonstrating a growth of 2.6 % compared to the previous year. The operating profit percentage was poor at -206.4 % (EBIT: -21.2 mDKK), while net earnings were -16.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -10.8 %, which can be considered poor and Return on Equity (ROE) was -25.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.2 %, 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. K/S HJG, VEJLE's liquidity measured by quick ratio was 2.9 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales9 439.899 627.907 374.7410 015.2510 274.22
Gross profit9 161.209 365.867 003.309 677.219 753.93
EBIT7 848.068 305.876 787.789 461.69-21 202.43
Net earnings6 639.415 314.425 294.757 998.94-16 689.77
Shareholders equity total57 154.5962 469.0167 763.7673 762.7056 351.93
Balance sheet total (assets)134 450.50135 291.49136 885.51139 261.89112 215.22
Net debt76 606.4370 278.0364 784.7758 502.8144 873.13
Profitability
EBIT-%83.1 %86.3 %92.0 %94.5 %-206.4 %
ROA5.8 %6.2 %5.0 %6.9 %-10.8 %
ROE12.3 %8.9 %8.1 %11.3 %-25.7 %
ROI5.8 %6.2 %5.0 %6.9 %-10.9 %
Economic value added (EVA)1 526.451 825.93315.252 999.36-27 613.12
Solvency
Equity ratio42.5 %46.2 %49.5 %53.0 %50.2 %
Gearing134.0 %115.5 %101.1 %87.9 %97.8 %
Relative net indebtedness %818.8 %736.6 %887.0 %591.0 %444.3 %
Liquidity
Quick ratio0.00.40.81.42.9
Current ratio0.00.40.81.42.9
Cash and cash equivalents1 900.353 709.326 305.5310 215.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-56.3 %-26.0 %-9.1 %18.3 %64.9 %
Credit risk
Credit ratingAAAAAAAAAAABBB

Variable visualization

ROA:-10.8%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.2%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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