LAURSEN & HORNEMANN ApS — Credit Rating and Financial Key Figures

CVR number: 27366643
Rådhustorvet 9, 8900 Randers C

Credit rating

Company information

Official name
LAURSEN & HORNEMANN ApS
Personnel
4 persons
Established
2003
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About LAURSEN & HORNEMANN ApS

LAURSEN & HORNEMANN ApS (CVR number: 27366643) is a company from RANDERS. The company recorded a gross profit of 1991.6 kDKK in 2023. The operating profit was 658.8 kDKK, while net earnings were 486.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good and Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 68.5 %, 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. LAURSEN & HORNEMANN ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 479.991 726.862 454.742 276.441 991.64
EBIT242.04482.941 351.54790.53658.77
Net earnings199.43406.041 071.64662.71486.75
Shareholders equity total2 879.353 285.404 157.034 322.554 409.30
Balance sheet total (assets)5 814.275 380.915 973.626 107.896 662.16
Net debt1 914.99970.50211.57859.561 073.08
Profitability
EBIT-%
ROA4.9 %10.4 %25.4 %14.7 %11.2 %
ROE7.2 %13.2 %28.8 %15.6 %11.1 %
ROI6.4 %12.7 %31.5 %17.9 %13.3 %
Economic value added (EVA)49.36229.90891.51422.73292.08
Solvency
Equity ratio49.5 %63.7 %70.9 %74.8 %68.5 %
Gearing66.6 %31.8 %13.7 %20.2 %26.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.61.32.01.50.7
Current ratio1.92.63.83.73.0
Cash and cash equivalents3.4373.53358.6413.6986.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:11.2%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.5%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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