HETAG TAGMATERIALER A/S — Credit Rating and Financial Key Figures

CVR number: 10031176
Stiftsvej 13, 7100 Vejle
info@hetag.dk
tel: 76752633
www.hetag.dk

Company information

Official name
HETAG TAGMATERIALER A/S
Personnel
23 persons
Established
1985
Company form
Limited company
Industry

About HETAG TAGMATERIALER A/S

HETAG TAGMATERIALER A/S (CVR number: 10031176) is a company from VEJLE. The company recorded a gross profit of 29.2 mDKK in 2022. The operating profit was 16.5 mDKK, while net earnings were 12.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 38.5 %, which can be considered excellent and Return on Equity (ROE) was 61.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.3 %, 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. HETAG TAGMATERIALER A/S's liquidity measured by quick ratio was 0.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit15 913.4513 156.2714 997.6922 961.4029 189.40
EBIT7 794.484 636.885 123.6210 718.3816 538.50
Net earnings5 983.173 481.474 942.608 232.9212 782.97
Shareholders equity total14 044.5912 526.0612 468.6517 787.5823 587.55
Balance sheet total (assets)27 398.4728 570.3132 764.5638 244.1547 840.64
Net debt609.444 731.768 818.981 952.283 132.90
Profitability
EBIT-%
ROA28.4 %16.6 %16.7 %30.2 %38.5 %
ROE45.8 %26.2 %39.5 %54.4 %61.8 %
ROI47.6 %28.5 %25.7 %50.9 %70.8 %
Economic value added (EVA)5 399.022 833.684 379.247 672.6711 925.14
Solvency
Equity ratio51.3 %43.8 %38.1 %46.5 %49.3 %
Gearing4.6 %37.9 %71.5 %11.3 %13.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.10.60.90.8
Current ratio2.01.71.61.81.9
Cash and cash equivalents38.0416.4091.4652.9122.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:38.5%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.3%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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