HENNING SAND INVEST A/S — Credit Rating and Financial Key Figures

CVR number: 29807523
Gl. Hobrovej 35, 8920 Randers NV
tel: 41649009

Credit rating

Company information

Official name
HENNING SAND INVEST A/S
Established
2006
Company form
Limited company
Industry

About HENNING SAND INVEST A/S

HENNING SAND INVEST A/S (CVR number: 29807523) is a company from RANDERS. The company recorded a gross profit of 165.8 kDKK in 2023. The operating profit was 139.2 kDKK, while net earnings were 320 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good but Return on Equity (ROE) was 20 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HENNING SAND INVEST A/S's liquidity measured by quick ratio was 2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit102.9145.43-68.05-30.18165.81
EBIT- 122.4818.83-94.66-56.78139.21
Net earnings- 108.42159.51- 148.9058.64320.04
Shareholders equity total1 371.011 530.521 381.621 440.261 760.30
Balance sheet total (assets)9 435.886 227.476 032.796 143.926 595.13
Net debt6 410.692 776.472 935.222 821.072 338.84
Profitability
EBIT-%
ROA-0.2 %4.0 %-0.6 %4.4 %9.9 %
ROE-7.6 %11.0 %-10.2 %4.2 %20.0 %
ROI-0.2 %4.0 %-0.6 %4.5 %10.0 %
Economic value added (EVA)- 457.59- 309.01- 238.42- 192.89-49.86
Solvency
Equity ratio14.5 %24.6 %22.9 %23.4 %26.7 %
Gearing585.0 %305.0 %335.6 %325.5 %267.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.61.41.62.0
Current ratio1.21.61.41.62.0
Cash and cash equivalents1 610.051 891.721 700.951 867.592 361.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.86%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.7%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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