HABICO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HABICO A/S
HABICO A/S (CVR number: 75128517K) is a company from ODENSE. The company reported a net sales of 981.6 mEUR in 2019, demonstrating a growth of 17.8 % compared to the previous year. The operating profit percentage was at 4.8 % (EBIT: 47.1 mEUR), while net earnings were 32 mEUR. The profitability of the company measured by Return on Assets (ROA) was 12.1 %, which can be considered good but Return on Equity (ROE) was 19.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40 %, 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. HABICO 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 financialsNet sales (mEUR)
EBIT (mEUR)
Profitability
Solidity
Key figures (mEUR)
See financials2015 | 2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 759.05 | 725.78 | 796.90 | 832.92 | 981.55 |
Gross profit | 96.92 | 108.66 | 120.36 | 131.04 | 150.73 |
EBIT | 19.97 | 24.38 | 33.80 | 38.04 | 47.11 |
Net earnings | 12.42 | 11.67 | 23.51 | 27.69 | 31.96 |
Shareholders equity total | 105.83 | 115.55 | 135.71 | 155.81 | 178.70 |
Balance sheet total (assets) | 325.49 | 350.23 | 369.95 | 359.34 | 447.19 |
Net debt | 131.88 | 149.99 | 140.71 | 126.44 | 162.14 |
Profitability | |||||
EBIT-% | 2.6 % | 3.4 % | 4.2 % | 4.6 % | 4.8 % |
ROA | 8.8 % | 8.3 % | 10.3 % | 11.4 % | 12.1 % |
ROE | 12.3 % | 10.5 % | 18.7 % | 19.0 % | 19.1 % |
ROI | 11.8 % | 10.8 % | 13.5 % | 14.7 % | 15.3 % |
Economic value added (EVA) | 5.28 | 3.22 | 12.05 | 14.63 | 21.24 |
Solvency | |||||
Equity ratio | 32.5 % | 33.0 % | 36.7 % | 43.4 % | 40.0 % |
Gearing | 125.5 % | 132.5 % | 103.7 % | 81.2 % | 91.0 % |
Relative net indebtedness % | 27.9 % | 31.3 % | 29.0 % | 23.8 % | 26.6 % |
Liquidity | |||||
Quick ratio | 0.7 | 0.6 | 0.6 | 0.7 | 0.5 |
Current ratio | 1.5 | 1.4 | 1.4 | 1.5 | 1.3 |
Cash and cash equivalents | 0.95 | 3.09 | 0.04 | 0.02 | 0.48 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 45.7 | 48.0 | 51.2 | 44.5 | 42.1 |
Net working capital % | 9.3 % | 9.8 % | 9.1 % | 10.8 % | 7.8 % |
Credit risk | |||||
Credit rating | AA | AA | AAA | AAA | AAA |
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