Hjørnet ApS — Credit Rating and Financial Key Figures

CVR number: 38398334
Toldbodgade 1, 6960 Hvide Sande

Credit rating

Company information

Official name
Hjørnet ApS
Personnel
3 persons
Established
2017
Company form
Private limited company
Industry
  • Expand more icon475510

About Hjørnet ApS

Hjørnet ApS (CVR number: 38398334) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 1029.6 kDKK in 2024. The operating profit was 342 kDKK, while net earnings were 209.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 14.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 33.1 %, 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. Hjørnet ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit727.261 469.62930.87888.931 029.63
EBIT251.97861.26265.50209.69342.00
Net earnings124.54609.61151.44114.05209.65
Shareholders equity total444.591 054.201 205.641 319.691 529.34
Balance sheet total (assets)4 414.924 516.884 614.764 606.174 621.65
Net debt2 666.862 169.202 235.552 012.051 782.11
Profitability
EBIT-%
ROA5.8 %19.3 %5.8 %4.5 %7.4 %
ROE32.6 %81.3 %13.4 %9.0 %14.7 %
ROI7.2 %26.5 %7.8 %5.9 %9.4 %
Economic value added (EVA)62.45579.1883.9838.28151.66
Solvency
Equity ratio10.1 %23.3 %26.1 %28.7 %33.1 %
Gearing614.0 %206.7 %186.7 %171.1 %133.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.10.1
Current ratio0.50.50.60.60.7
Cash and cash equivalents62.989.7015.82245.72264.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.42%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.1%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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