SCHÜTT HORSENS ApS
Credit rating
Company information
About SCHÜTT HORSENS ApS
SCHÜTT HORSENS ApS (CVR number: 10591481) is a company from HORSENS. The company recorded a gross profit of 71.1 kDKK in 2023. The operating profit was -344.6 kDKK, while net earnings were -313.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.9 %, which can be considered poor and Return on Equity (ROE) was -58.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.2 %, 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. SCHÜTT HORSENS 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 134.89 | 1 981.87 | 1 626.21 | 1 481.53 | 71.06 |
EBIT | 578.09 | 420.70 | 230.86 | 53.02 | - 344.56 |
Net earnings | 457.54 | 320.52 | 171.40 | 16.00 | - 313.72 |
Shareholders equity total | 3 724.95 | 1 445.47 | 1 420.37 | 693.95 | 380.22 |
Balance sheet total (assets) | 4 260.38 | 3 700.45 | 3 657.19 | 1 935.45 | 1 508.75 |
Net debt | - 745.78 | 492.86 | 192.15 | 216.58 | - 358.27 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.3 % | 10.7 % | 6.5 % | 2.2 % | -19.9 % |
ROE | 13.1 % | 12.4 % | 12.0 % | 1.5 % | -58.4 % |
ROI | 16.9 % | 12.5 % | 7.9 % | 3.1 % | -48.2 % |
Economic value added (EVA) | 314.00 | 178.71 | 163.58 | 35.05 | - 344.12 |
Solvency | |||||
Equity ratio | 87.4 % | 39.1 % | 38.8 % | 35.9 % | 25.2 % |
Gearing | 0.1 % | 111.4 % | 104.7 % | 45.7 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.2 | 1.2 | 1.2 | 1.1 | 1.3 |
Current ratio | 7.7 | 1.5 | 1.4 | 1.4 | 1.3 |
Cash and cash equivalents | 751.06 | 1 117.03 | 1 294.37 | 100.72 | 358.27 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | B |
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