TIND HORNBÆK A/S

CVR number: 20815744
Viborgvej 114, 8920 Randers NV
post@hornbaekel.dk
tel: 86420667

Credit rating

Company information

Official name
TIND HORNBÆK A/S
Established
1998
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

TIND HORNBÆK A/S (CVR number: 20815744) is a company from RANDERS. The company recorded a gross profit of 11.9 mDKK in 2023. The operating profit was 5401.8 kDKK, while net earnings were 4212.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48.7 %, which can be considered excellent and Return on Equity (ROE) was 56.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 81.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TIND HORNBÆK A/S's liquidity measured by quick ratio was 16.8 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
20192020202120222023
Volume
Net sales
Gross profit12 381.1811 724.3614 140.8215 266.1111 879.84
EBIT715.18858.131 809.063 069.325 401.83
Net earnings601.52702.561 400.952 376.104 212.34
Shareholders equity total6 885.597 588.154 989.106 365.208 577.53
Balance sheet total (assets)10 195.3211 475.329 890.4611 663.7310 521.64
Net debt-1 439.20-3 332.64-2 114.77-3 818.29-9 747.90
Profitability
EBIT-%
ROA7.9 %8.5 %17.0 %28.5 %48.7 %
ROE9.1 %9.7 %22.3 %41.9 %56.4 %
ROI11.6 %12.5 %27.8 %50.5 %70.4 %
Economic value added (EVA)368.89393.921 194.762 263.744 101.37
Solvency
Equity ratio67.5 %66.1 %50.4 %54.6 %81.5 %
Gearing6.1 %4.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.41.62.216.8
Current ratio2.72.71.92.416.8
Cash and cash equivalents1 439.203 332.642 420.374 070.199 747.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABB

Variable visualization

ROA:48.7%
Rating: 94/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.5%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

Companies in the same industry

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