Hørsholm Farvecenter ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Hørsholm Farvecenter ApS
Hørsholm Farvecenter ApS (CVR number: 37757896) is a company from HØRSHOLM. The company recorded a gross profit of 1243.2 kDKK in 2023. The operating profit was -46.2 kDKK, while net earnings were -0.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered weak but Return on Equity (ROE) was -0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72 %, 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. Hørsholm Farvecenter ApS's liquidity measured by quick ratio was 2 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 | 772.06 | 1 388.86 | 1 528.31 | 1 515.66 | 1 243.18 |
EBIT | 116.66 | 530.49 | 561.38 | 361.90 | -46.17 |
Net earnings | 77.04 | 425.23 | 455.04 | 215.35 | -0.25 |
Shareholders equity total | 320.91 | 746.14 | 1 201.18 | 1 416.54 | 1 416.29 |
Balance sheet total (assets) | 1 337.54 | 1 572.93 | 1 886.67 | 1 843.19 | 1 968.35 |
Net debt | 262.25 | - 374.11 | - 645.68 | - 759.89 | - 945.63 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.9 % | 37.6 % | 34.2 % | 25.2 % | 0.0 % |
ROE | 27.3 % | 79.7 % | 46.7 % | 16.5 % | -0.0 % |
ROI | 12.8 % | 62.5 % | 50.4 % | 19.5 % | 0.0 % |
Economic value added (EVA) | 89.63 | 408.89 | 424.07 | 268.24 | -79.14 |
Solvency | |||||
Equity ratio | 24.0 % | 47.4 % | 63.7 % | 76.9 % | 72.0 % |
Gearing | 156.0 % | 24.9 % | 17.8 % | 0.0 % | 0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.9 | 1.5 | 1.9 | 2.0 |
Current ratio | 1.3 | 1.8 | 2.7 | 3.7 | 3.2 |
Cash and cash equivalents | 238.52 | 559.74 | 859.72 | 760.34 | 946.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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