HORSENS MURER- OG ENTREPRENØRFORRETNING A/S

CVR number: 28305958
Gotlandsvej 32, 8700 Horsens

Credit rating

Company information

Official name
HORSENS MURER- OG ENTREPRENØRFORRETNING A/S
Established
2004
Company form
Limited company
Industry
  • Expand more icon41Construction of buildings

About the company

HORSENS MURER- OG ENTREPRENØRFORRETNING A/S (CVR number: 28305958) is a company from HORSENS. The company recorded a gross profit of 14.7 mDKK in 2023. The operating profit was 387.3 kDKK, while net earnings were 189.5 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 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 12.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. HORSENS MURER- OG ENTREPRENØRFORRETNING A/S's liquidity measured by quick ratio was 1.5 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
20192020202120222023
Volume
Net sales
Gross profit15 886.8718 402.1117 307.9714 700.0914 722.68
EBIT396.13859.81748.64164.49387.27
Net earnings241.41598.30498.1651.72189.46
Shareholders equity total2 849.893 448.203 146.352 398.081 087.54
Balance sheet total (assets)11 740.6214 006.7214 359.339 418.488 527.72
Net debt962.20-3 247.78-4 684.42- 633.86-2 845.36
Profitability
EBIT-%
ROA3.4 %6.7 %5.3 %1.4 %4.3 %
ROE7.8 %19.0 %15.1 %1.9 %10.9 %
ROI7.0 %14.3 %11.3 %2.7 %8.8 %
Economic value added (EVA)286.42557.83623.61230.42227.93
Solvency
Equity ratio24.3 %24.6 %21.9 %25.5 %12.8 %
Gearing56.5 %33.8 %26.8 %13.1 %35.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.41.61.91.5
Current ratio1.31.41.62.01.5
Cash and cash equivalents648.984 411.805 528.40949.003 226.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.32%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.8%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

Companies in the same industry

Build time: 2024-10-04T14:01:21.465Z

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