HENNING SAND INVEST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 89 kDKK in 2024. The operating profit was 62.4 kDKK, while net earnings were -373.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak but Return on Equity (ROE) was -23.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.6 %, 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 1.6 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 | 45.43 | -68.05 | -30.18 | 165.81 | 89.02 |
| EBIT | 18.83 | -94.66 | -56.78 | 139.21 | 62.41 |
| Net earnings | 159.51 | - 148.90 | 58.64 | 320.04 | - 373.47 |
| Shareholders equity total | 1 530.52 | 1 381.62 | 1 440.26 | 1 760.30 | 1 386.83 |
| Balance sheet total (assets) | 6 227.47 | 6 032.79 | 6 143.92 | 6 595.13 | 6 131.28 |
| Net debt | 2 776.47 | 2 935.22 | 2 821.07 | 2 338.84 | 2 894.54 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 4.0 % | -0.6 % | 4.4 % | 9.9 % | 2.6 % |
| ROE | 11.0 % | -10.2 % | 4.2 % | 20.0 % | -23.7 % |
| ROI | 4.0 % | -0.6 % | 4.5 % | 10.0 % | 2.6 % |
| Economic value added (EVA) | - 456.97 | - 392.58 | - 341.14 | - 201.78 | - 275.34 |
| Solvency | |||||
| Equity ratio | 24.6 % | 22.9 % | 23.4 % | 26.7 % | 22.6 % |
| Gearing | 305.0 % | 335.6 % | 325.5 % | 267.0 % | 339.8 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.6 | 1.4 | 1.6 | 2.0 | 1.6 |
| Current ratio | 1.6 | 1.4 | 1.6 | 2.0 | 1.6 |
| Cash and cash equivalents | 1 891.72 | 1 700.95 | 1 867.59 | 2 361.44 | 1 817.46 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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