Hornberg ApS — Credit Rating and Financial Key Figures

CVR number: 40414835
Klintevej 4, Knudlund 8653 Them

Credit rating

Company information

Official name
Hornberg ApS
Personnel
13 persons
Established
2019
Domicile
Knudlund
Company form
Private limited company
Industry

About Hornberg ApS

Hornberg ApS (CVR number: 40414835) is a company from SILKEBORG. The company recorded a gross profit of 4874.3 kDKK in 2024. The operating profit was 209.2 kDKK, while net earnings were 125.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was 21.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Hornberg ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 304.753 495.494 949.952 799.344 874.32
EBIT589.791 522.562 182.61-1 324.03209.20
Net earnings452.411 182.501 712.53-1 060.64125.58
Shareholders equity total1 831.683 014.184 576.71513.57639.15
Balance sheet total (assets)3 584.114 012.036 806.963 258.164 843.77
Net debt755.78- 159.49-2 028.86907.131 132.77
Profitability
EBIT-%
ROA19.2 %40.6 %40.7 %-26.3 %5.2 %
ROE28.2 %48.8 %45.1 %-41.7 %21.8 %
ROI28.1 %52.9 %50.6 %-36.2 %9.7 %
Economic value added (EVA)380.521 088.431 558.59-1 122.34146.25
Solvency
Equity ratio51.1 %75.1 %74.8 %23.8 %20.9 %
Gearing41.3 %19.4 %239.8 %314.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.63.34.01.11.3
Current ratio1.73.72.90.70.9
Cash and cash equivalents0.06159.492 917.32324.34875.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBB

Variable visualization

ROA:5.25%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.9%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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