HØRBY BAGERI ApS — Credit Rating and Financial Key Figures

CVR number: 16967092
Hjørringvej 112, Hørby 9300 Sæby
tel: 98466006

Credit rating

Company information

Official name
HØRBY BAGERI ApS
Personnel
1 person
Established
1993
Domicile
Hørby
Company form
Private limited company
Industry

About HØRBY BAGERI ApS

HØRBY BAGERI ApS (CVR number: 16967092) is a company from FREDERIKSHAVN. The company recorded a gross profit of 28 kDKK in 2023. The operating profit was 0.5 kDKK, while net earnings were 12.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HØRBY BAGERI ApS's liquidity measured by quick ratio was 10 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 045.752 129.131 719.721 251.6627.97
EBIT87.05174.90-2.66193.210.51
Net earnings65.90135.49-0.29162.5712.35
Shareholders equity total1 008.151 033.04919.74967.91862.47
Balance sheet total (assets)1 761.291 726.361 366.251 131.87903.28
Net debt- 742.41- 833.05- 515.74- 575.20- 354.72
Profitability
EBIT-%
ROA5.1 %10.3 %0.0 %16.5 %1.3 %
ROE6.4 %13.3 %-0.0 %17.2 %1.3 %
ROI8.2 %17.2 %0.1 %21.6 %1.5 %
Economic value added (EVA)37.73119.50-10.70134.63-19.26
Solvency
Equity ratio57.2 %59.8 %67.3 %85.5 %95.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.31.61.54.810.0
Current ratio1.41.71.84.810.0
Cash and cash equivalents742.41833.05515.74575.20354.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:1.35%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.5%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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