MICHAEL HORNSTRUP HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 15190248
Bakkevej 15, 7100 Vejle
hornstrup56@gmail.com
tel: 22561550

Company information

Official name
MICHAEL HORNSTRUP HOLDING ApS
Personnel
1 person
Established
1991
Company form
Private limited company
Industry

About MICHAEL HORNSTRUP HOLDING ApS

MICHAEL HORNSTRUP HOLDING ApS (CVR number: 15190248) is a company from VEJLE. The company recorded a gross profit of -42.2 kDKK in 2024. The operating profit was -663.5 kDKK, while net earnings were -419.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.6 %, which can be considered poor and Return on Equity (ROE) was -3.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL HORNSTRUP HOLDING ApS's liquidity measured by quick ratio was 275.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-35.35-34.42-32.62-31.49-42.19
EBIT- 668.74- 685.58- 697.66- 715.03- 663.47
Net earnings3 179.122 290.62-3 572.761 888.28- 419.80
Shareholders equity total14 445.5515 736.1611 163.4012 937.2810 017.68
Balance sheet total (assets)15 009.4116 389.9111 200.8713 013.9910 053.91
Net debt-15 001.71-16 382.20-11 134.33-12 876.33-9 891.27
Profitability
EBIT-%
ROA30.6 %18.7 %-4.3 %15.6 %-3.6 %
ROE24.5 %15.2 %-26.6 %15.7 %-3.7 %
ROI31.3 %19.5 %-4.4 %15.7 %-3.6 %
Economic value added (EVA)- 542.34- 506.53- 664.81- 716.10- 666.15
Solvency
Equity ratio96.2 %96.0 %99.7 %99.4 %99.6 %
Gearing0.1 %0.0 %0.1 %0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio26.625.1299.0169.2275.8
Current ratio26.625.1299.0169.2275.8
Cash and cash equivalents15 009.4116 389.9111 142.0412 884.039 898.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:-3.62%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 94/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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