HORSENS BOLIGRENOVERING ApS — Credit Rating and Financial Key Figures

CVR number: 14166696
Industrivej 13-15, 8740 Brædstrup

Company information

Official name
HORSENS BOLIGRENOVERING ApS
Personnel
1 person
Established
1990
Company form
Private limited company
Industry

About HORSENS BOLIGRENOVERING ApS

HORSENS BOLIGRENOVERING ApS (CVR number: 14166696) is a company from HORSENS. The company recorded a gross profit of 2672 kDKK in 2023. The operating profit was 5842.6 kDKK, while net earnings were 4268 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 23.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.2 %, 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. HORSENS BOLIGRENOVERING ApS's liquidity measured by quick ratio was 1.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 915.8422 233.51522.411 879.712 672.04
EBIT-16 190.0821 834.87431.423 926.915 842.58
Net earnings-14 439.4517 143.91429.30-1 107.064 267.99
Shareholders equity total134.0917 278.0017 707.3116 600.2520 088.07
Balance sheet total (assets)27 577.3537 646.1446 216.1748 484.4055 481.92
Net debt5 654.77-7 091.814 673.0611 530.0217 345.27
Profitability
EBIT-%
ROA-59.3 %68.3 %2.5 %10.8 %12.8 %
ROE-196.4 %196.9 %2.5 %-6.5 %23.3 %
ROI-76.5 %90.8 %2.7 %11.0 %13.2 %
Economic value added (EVA)-15 126.6116 915.6772.132 144.893 490.08
Solvency
Equity ratio0.5 %45.9 %38.3 %34.2 %36.2 %
Gearing7036.4 %38.6 %110.0 %138.5 %120.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.42.93.01.41.2
Current ratio0.42.93.01.41.2
Cash and cash equivalents3 780.5113 767.7514 811.9911 454.326 772.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBABBBA

Variable visualization

ROA:12.8%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.2%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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