HEMPEL FONDEN
Credit rating
Company information
About HEMPEL FONDEN
HEMPEL FONDEN (CVR number: 21518018K) is a company from KØBENHAVN. The company reported a net sales of 2353 mEUR in 2023, demonstrating a growth of 9 % compared to the previous year. The operating profit percentage was at 8 % (EBIT: 188 mEUR), while net earnings were 80 mEUR. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good and Return on Equity (ROE) was 9.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 31 %, 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. HEMPEL FONDEN's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 2 159 000.00 | 2 353 000.00 | |
Gross profit | 784 000.00 | 917 000.00 | |
EBIT | 113 000.00 | 188 000.00 | |
Net earnings | 8 000.00 | 80 000.00 | |
Shareholders equity total | 919 000.00 | 882 000.00 | 944 000.00 |
Balance sheet total (assets) | 3 003 000.00 | 3 046 000.00 | |
Net debt | - 180 000.00 | 879 000.00 | 923 000.00 |
Profitability | |||
EBIT-% | 5.2 % | 8.0 % | |
ROA | 4.6 % | 8.1 % | |
ROE | 0.5 % | 9.2 % | |
ROI | 4.6 % | 11.4 % | |
Economic value added (EVA) | 89 275.00 | 70 440.50 | |
Solvency | |||
Equity ratio | 50.0 % | 29.4 % | 31.0 % |
Gearing | 120.7 % | 121.4 % | |
Relative net indebtedness % | 89.6 % | 79.9 % | |
Liquidity | |||
Quick ratio | 0.8 | 1.0 | |
Current ratio | 1.2 | 1.4 | |
Cash and cash equivalents | 180 000.00 | 186 000.00 | 223 000.00 |
Capital use efficiency | |||
Trade debtors turnover (days) | 80.5 | 78.3 | |
Net working capital % | 7.4 % | 13.7 % | |
Credit risk | |||
Credit rating | A | A |
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