HIRTSHALS FINANSIERINGSSELSKAB A/S — Credit Rating and Financial Key Figures

CVR number: 56006311
Røllikevej 9, 9310 Vodskov

Company information

Official name
HIRTSHALS FINANSIERINGSSELSKAB A/S
Personnel
1 person
Established
1974
Company form
Limited company
Industry

About HIRTSHALS FINANSIERINGSSELSKAB A/S

HIRTSHALS FINANSIERINGSSELSKAB A/S (CVR number: 56006311) is a company from AALBORG. The company recorded a gross profit of 385.2 kDKK in 2023. The operating profit was -21.3 kDKK, while net earnings were 373 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 42.1 %, 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. HIRTSHALS FINANSIERINGSSELSKAB A/S's liquidity measured by quick ratio was 0.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 289.181 389.50965.38926.25385.21
EBIT925.331 018.36528.97509.81-21.29
Net earnings826.501 222.66306.38570.66373.00
Shareholders equity total16 426.3417 649.0017 955.3818 526.0418 899.05
Balance sheet total (assets)41 731.8942 725.8445 565.3344 700.2944 936.60
Net debt22 139.6321 807.7822 669.6021 246.6121 765.76
Profitability
EBIT-%
ROA3.7 %4.8 %2.9 %1.8 %1.9 %
ROE5.2 %7.2 %1.7 %3.1 %2.0 %
ROI3.7 %4.9 %2.9 %1.8 %1.1 %
Economic value added (EVA)- 926.36- 938.64-1 256.81-1 343.02-1 966.98
Solvency
Equity ratio39.4 %41.3 %39.4 %41.4 %42.1 %
Gearing134.8 %123.6 %136.9 %125.2 %122.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.01.51.40.8
Current ratio0.00.01.51.40.8
Cash and cash equivalents1 903.351 956.781 294.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:1.86%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.1%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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