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HUITFELDT HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HUITFELDT HOLDING A/S
HUITFELDT HOLDING A/S (CVR number: 85950819) is a company from SYDDJURS. The company recorded a gross profit of -99.7 kDKK in 2024. The operating profit was -416.3 kDKK, while net earnings were 975.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 85.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HUITFELDT HOLDING A/S's liquidity measured by quick ratio was 6.1 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 | - 116.74 | - 176.87 | -32.80 | -77.39 | -99.74 |
| EBIT | - 116.74 | - 176.87 | - 160.98 | - 389.76 | - 416.26 |
| Net earnings | 1 426.06 | - 141.88 | - 243.10 | 1 955.68 | 975.21 |
| Shareholders equity total | 24 123.04 | 23 292.16 | 18 467.04 | 18 825.97 | 16 247.99 |
| Balance sheet total (assets) | 31 980.67 | 31 158.69 | 31 404.11 | 18 973.13 | 19 098.17 |
| Net debt | -2 640.18 | -1 968.97 | 9 371.42 | -10 411.36 | -15 559.88 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 4.8 % | -0.1 % | 0.0 % | 9.2 % | 7.9 % |
| ROE | 5.8 % | -0.6 % | -1.2 % | 10.5 % | 5.6 % |
| ROI | 4.8 % | -0.1 % | 0.0 % | 9.2 % | 8.2 % |
| Economic value added (EVA) | -1 775.76 | -1 389.05 | -1 331.41 | -1 960.42 | -1 361.32 |
| Solvency | |||||
| Equity ratio | 75.4 % | 74.8 % | 58.8 % | 99.2 % | 85.1 % |
| Gearing | 69.3 % | 10.9 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 27.4 | 22.8 | 0.3 | 74.4 | 6.1 |
| Current ratio | 27.4 | 22.8 | 0.3 | 74.4 | 6.1 |
| Cash and cash equivalents | 2 640.18 | 1 968.97 | 3 418.51 | 10 411.36 | 17 323.40 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | BBB | A | A |
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