Hornsherred Køreskole ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Hornsherred Køreskole ApS
Hornsherred Køreskole ApS (CVR number: 25236173) is a company from FREDERIKSSUND. The company recorded a gross profit of 225.6 kDKK in 2023. The operating profit was -55.3 kDKK, while net earnings were 18.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 77.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Hornsherred Køreskole ApS's liquidity measured by quick ratio was 1.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 687.53 | 647.36 | 460.32 | 384.10 | 225.64 |
EBIT | 99.19 | 49.47 | 139.26 | 62.59 | -55.28 |
Net earnings | 108.67 | 109.18 | 210.49 | 133.63 | 18.15 |
Shareholders equity total | 620.50 | 729.68 | 940.18 | 938.81 | 1 007.19 |
Balance sheet total (assets) | 1 307.37 | 1 215.56 | 1 296.69 | 1 383.91 | 1 301.31 |
Net debt | 570.30 | 333.99 | 252.31 | 345.39 | 194.78 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.5 % | 4.6 % | 21.7 % | 13.9 % | 4.3 % |
ROE | 18.3 % | 16.2 % | 25.2 % | 14.2 % | 1.9 % |
ROI | 13.5 % | 5.0 % | 23.4 % | 14.5 % | 4.5 % |
Economic value added (EVA) | 78.87 | 55.55 | 93.11 | 47.40 | -57.13 |
Solvency | |||||
Equity ratio | 47.5 % | 60.0 % | 72.5 % | 67.8 % | 77.4 % |
Gearing | 91.9 % | 45.8 % | 26.8 % | 36.8 % | 19.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.7 | 0.9 | 1.3 | 1.7 |
Current ratio | 0.3 | 0.7 | 0.9 | 1.3 | 1.7 |
Cash and cash equivalents | 0.04 | 0.08 | 0.08 | 0.08 | 0.08 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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