Horsens Ventilationsrens ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Horsens Ventilationsrens ApS
Horsens Ventilationsrens ApS (CVR number: 38608045) is a company from HORSENS. The company recorded a gross profit of -54 kDKK in 2022. The operating profit was -95.4 kDKK, while net earnings were -93.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -42.5 %, which can be considered poor and Return on Equity (ROE) was -73.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.1 %, 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 Ventilationsrens ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 367.12 | 828.02 | 2 594.43 | 211.59 | -53.96 |
EBIT | 153.44 | 78.38 | 1 633.86 | 35.02 | -95.37 |
Net earnings | 117.19 | 58.82 | 1 269.76 | 28.33 | -93.23 |
Shareholders equity total | 96.02 | 49.04 | 688.19 | 216.52 | 37.14 |
Balance sheet total (assets) | 182.92 | 247.89 | 1 432.28 | 264.04 | 184.44 |
Net debt | -44.39 | -70.98 | - 447.90 | -7.71 | -65.29 |
Profitability | |||||
EBIT-% | |||||
ROA | 103.7 % | 36.5 % | 194.6 % | 4.1 % | -42.5 % |
ROE | 129.7 % | 81.1 % | 344.5 % | 6.3 % | -73.5 % |
ROI | 157.5 % | 96.1 % | 426.2 % | 7.5 % | -67.0 % |
Economic value added (EVA) | 114.99 | 57.40 | 1 274.01 | 19.47 | - 101.79 |
Solvency | |||||
Equity ratio | 52.5 % | 19.8 % | 48.0 % | 82.0 % | 20.1 % |
Gearing | 3.6 % | 16.4 % | 1.2 % | 3.7 % | 51.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.8 | 1.6 | 3.8 | 0.6 |
Current ratio | 0.8 | 0.8 | 1.6 | 3.8 | 1.3 |
Cash and cash equivalents | 47.89 | 79.01 | 455.94 | 15.75 | 84.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | B |
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