Horsens Ejendoms Invest A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Horsens Ejendoms Invest A/S
Horsens Ejendoms Invest A/S (CVR number: 36407395) is a company from HORSENS. The company recorded a gross profit of -24.3 kDKK in 2023. The operating profit was -31.3 kDKK, while net earnings were 193.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 83.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Horsens Ejendoms Invest A/S's liquidity measured by quick ratio was 4.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 176.49 | - 155.98 | -38.82 | -32.35 | -24.31 |
EBIT | - 164.63 | 168.34 | -45.82 | -39.35 | -31.31 |
Net earnings | - 156.03 | 67.23 | 57.42 | 38.60 | 193.88 |
Shareholders equity total | 2 366.68 | 2 433.91 | 2 491.33 | 2 529.93 | 2 723.81 |
Balance sheet total (assets) | 3 415.35 | 2 631.24 | 2 940.11 | 2 988.52 | 3 263.09 |
Net debt | -2 085.72 | - 858.99 | -2 091.44 | -2 145.01 | -2 257.77 |
Profitability | |||||
EBIT-% | |||||
ROA | -4.0 % | 5.6 % | 3.1 % | 2.5 % | 8.3 % |
ROE | -6.4 % | 2.8 % | 2.3 % | 1.5 % | 7.4 % |
ROI | -4.6 % | 6.5 % | 3.5 % | 2.9 % | 9.9 % |
Economic value added (EVA) | - 314.49 | 130.11 | - 114.88 | -50.65 | -43.77 |
Solvency | |||||
Equity ratio | 69.3 % | 92.5 % | 84.7 % | 84.7 % | 83.5 % |
Gearing | 11.0 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 5.9 | 5.2 | 5.2 | 4.7 |
Current ratio | 2.6 | 5.9 | 5.2 | 5.2 | 4.7 |
Cash and cash equivalents | 2 345.78 | 858.99 | 2 091.44 | 2 145.01 | 2 257.77 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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