FORUM HORSENS FONDEN

CVR number: 28153325
Langmarksvej 45-47, 8700 Horsens

Credit rating

Company information

Official name
FORUM HORSENS FONDEN
Personnel
32 persons
Established
2004
Industry
  • Expand more icon56Food and beverage service activities

About the company

FORUM HORSENS FONDEN (CVR number: 28153325) is a company from HORSENS. The company reported a net sales of 9.2 mDKK in 2023, demonstrating a growth of 60.4 % compared to the previous year. The operating profit percentage was at 8.1 % (EBIT: 0.7 mDKK), while net earnings were 610.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.6 %, which can be considered excellent and Return on Equity (ROE) was 45.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FORUM HORSENS FONDEN's liquidity measured by quick ratio was 2.9 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales6 629.782 123.743 414.025 742.259 208.28
Gross profit1 780.34391.45825.471 358.342 558.97
EBIT158.54- 643.67208.03-50.82749.82
Net earnings168.25- 629.99282.34-44.60610.55
Shareholders equity total1 473.03843.031 125.371 080.771 591.33
Balance sheet total (assets)2 469.491 227.331 605.421 939.702 298.45
Net debt-1 521.70- 698.98-1 022.57-1 262.16-1 964.26
Profitability
EBIT-%2.4 %-30.3 %6.1 %-0.9 %8.1 %
ROA6.6 %-34.8 %14.7 %-2.9 %35.6 %
ROE10.9 %-54.4 %28.7 %-4.0 %45.7 %
ROI10.1 %-54.0 %20.7 %-4.6 %56.5 %
Economic value added (EVA)200.98- 602.38288.58-19.68640.96
Solvency
Equity ratio59.6 %68.7 %70.1 %55.7 %69.2 %
Gearing
Relative net indebtedness %-8.1 %-14.8 %-15.9 %-7.0 %-13.7 %
Liquidity
Quick ratio2.02.72.82.12.9
Current ratio2.33.13.12.23.2
Cash and cash equivalents1 521.70698.981 022.571 262.161 964.26
Capital use efficiency
Trade debtors turnover (days)11.57.924.616.11.9
Net working capital %19.6 %33.2 %29.9 %18.2 %16.7 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:35.6%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.2%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

Companies in the same industry

Build time: 2024-10-04T14:01:35.309Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.