HORSENS VÆRKTØJSFABRIK A/S

HORSENS VÆRKTØJSFABRIK A/S (CVR number: 29141045) is a company from HORSENS. The company recorded a gross profit of 9251.7 kDKK in 2023. The operating profit was 2277.7 kDKK, while net earnings were 1820.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.2 %, which can be considered excellent and Return on Equity (ROE) was 45.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.8 %, 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. HORSENS VÆRKTØJSFABRIK A/S's liquidity measured by quick ratio was 3.6 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.