Hortus ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Hortus ApS
Hortus ApS (CVR number: 40436820) is a company from SVENDBORG. The company recorded a gross profit of 1231.8 kDKK in 2023. The operating profit was -244 kDKK, while net earnings were -247.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -37.8 %, which can be considered poor and Return on Equity (ROE) was -105.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.4 %, 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. Hortus ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 338.56 | 822.14 | 1 316.55 | 1 473.88 | 1 231.78 |
EBIT | -2.96 | -19.25 | 369.23 | 65.79 | - 244.02 |
Net earnings | -3.32 | -15.80 | 283.43 | 43.85 | - 247.48 |
Shareholders equity total | 46.68 | 30.88 | 314.30 | 358.15 | 110.68 |
Balance sheet total (assets) | 132.42 | 288.34 | 780.80 | 792.11 | 493.92 |
Net debt | - 121.42 | - 193.76 | - 495.67 | - 354.40 | - 217.79 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.2 % | -9.1 % | 69.1 % | 8.4 % | -37.8 % |
ROE | -7.1 % | -40.8 % | 164.2 % | 13.0 % | -105.6 % |
ROI | -6.3 % | -49.6 % | 208.9 % | 19.2 % | -101.9 % |
Economic value added (EVA) | -2.96 | -10.79 | 293.99 | 58.88 | - 241.49 |
Solvency | |||||
Equity ratio | 35.3 % | 10.7 % | 40.3 % | 45.2 % | 22.4 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 0.9 | 1.6 | 1.8 | 1.2 |
Current ratio | 1.5 | 0.9 | 1.6 | 1.8 | 1.3 |
Cash and cash equivalents | 121.42 | 193.76 | 495.67 | 354.40 | 217.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BB |
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