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HVIRRING SMEDE- OG MASKINFABRIK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HVIRRING SMEDE- OG MASKINFABRIK ApS
HVIRRING SMEDE- OG MASKINFABRIK ApS (CVR number: 25192478) is a company from HEDENSTED. The company recorded a gross profit of 1425 kDKK in 2024. The operating profit was -359 kDKK, while net earnings were -471.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.2 %, which can be considered poor and Return on Equity (ROE) was -5.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HVIRRING SMEDE- OG MASKINFABRIK ApS's liquidity measured by quick ratio was 78.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 4 366.46 | 5 811.05 | 5 060.10 | 7 189.04 | 1 424.96 |
| EBIT | 253.48 | 721.86 | 541.03 | 2 610.46 | - 358.98 |
| Net earnings | 172.63 | 432.07 | 367.28 | 1 997.82 | - 471.70 |
| Shareholders equity total | 7 054.29 | 7 486.35 | 7 853.64 | 9 851.46 | 7 879.76 |
| Balance sheet total (assets) | 12 680.96 | 12 012.88 | 11 683.62 | 15 357.61 | 7 980.81 |
| Net debt | 2 517.91 | 2 103.01 | 1 464.14 | 308.17 | -7 722.26 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 2.2 % | 5.4 % | 4.7 % | 19.4 % | -4.2 % |
| ROE | 2.4 % | 5.9 % | 4.8 % | 22.6 % | -5.3 % |
| ROI | 2.7 % | 6.3 % | 5.3 % | 23.6 % | -5.1 % |
| Economic value added (EVA) | - 341.41 | 44.36 | - 103.65 | 1 547.44 | - 880.10 |
| Solvency | |||||
| Equity ratio | 55.6 % | 62.3 % | 67.2 % | 64.1 % | 98.7 % |
| Gearing | 37.2 % | 28.1 % | 23.2 % | 17.3 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.1 | 1.2 | 1.4 | 2.6 | 78.9 |
| Current ratio | 2.0 | 2.3 | 3.4 | 2.7 | 78.9 |
| Cash and cash equivalents | 105.73 | 1.27 | 354.37 | 1 391.99 | 7 722.26 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | A |
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