KGL. HOFJUVELERER KNUD HERTZ OG HUSTRU LILIA HERTZ'S FOND
Credit rating
Company information
About KGL. HOFJUVELERER KNUD HERTZ OG HUSTRU LILIA HERTZ'S FOND
KGL. HOFJUVELERER KNUD HERTZ OG HUSTRU LILIA HERTZ'S FOND (CVR number: 82303219) is a company from HØRSHOLM. The company reported a net sales of 2.3 mDKK in 2023, demonstrating a growth of 15.2 % compared to the previous year. The operating profit percentage was at 40.7 % (EBIT: 0.9 mDKK), while net earnings were 427.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good and Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 43.6 %, 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. KGL. HOFJUVELERER KNUD HERTZ OG HUSTRU LILIA HERTZ'S FOND's liquidity measured by quick ratio was 3.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 750.61 | 1 661.84 | 1 574.78 | 1 956.78 | 2 254.78 |
Gross profit | 470.81 | 729.49 | - 299.76 | 397.49 | 1 141.47 |
EBIT | - 796.19 | 531.11 | - 525.20 | 195.37 | 917.19 |
Net earnings | 208.47 | 404.99 | - 536.46 | -50.45 | 427.32 |
Shareholders equity total | 6 531.76 | 6 486.75 | 5 500.30 | 5 149.84 | 5 277.16 |
Balance sheet total (assets) | 8 220.65 | 8 012.54 | 9 378.75 | 11 560.61 | 12 122.08 |
Net debt | - 174.32 | - 242.86 | 2 090.16 | 4 492.78 | 5 642.07 |
Profitability | |||||
EBIT-% | -45.5 % | 32.0 % | -33.4 % | 10.0 % | 40.7 % |
ROA | -8.7 % | 6.6 % | -6.1 % | 1.4 % | 8.5 % |
ROE | 3.2 % | 6.2 % | -9.0 % | -0.9 % | 8.2 % |
ROI | -8.9 % | 6.7 % | -6.1 % | 1.4 % | 8.6 % |
Economic value added (EVA) | -1 160.26 | 347.42 | - 504.59 | -51.64 | 378.81 |
Solvency | |||||
Equity ratio | 81.0 % | 81.2 % | 58.8 % | 44.8 % | 43.6 % |
Gearing | 14.2 % | 14.3 % | 58.9 % | 111.3 % | 114.3 % |
Relative net indebtedness % | 33.7 % | 21.3 % | 173.4 % | 264.3 % | 286.2 % |
Liquidity | |||||
Quick ratio | 26.0 | 15.2 | 24.7 | 2.8 | 3.6 |
Current ratio | 6.6 | 11.8 | 17.2 | 2.5 | 3.3 |
Cash and cash equivalents | 1 099.42 | 1 172.01 | 1 147.01 | 1 239.05 | 391.96 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 18.9 | 0.8 | 1.1 | ||
Net working capital % | 61.1 % | 65.7 % | 78.5 % | 42.1 % | 13.1 % |
Credit risk | |||||
Credit rating | BB | A | BB | BBB | A |
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