HHO Hornsyld ApS — Credit Rating and Financial Key Figures

CVR number: 38863258
Strandparkalle 8, 8700 Horsens
hho@hk-hornsyld.dk
tel: 25277314

Company information

Official name
HHO Hornsyld ApS
Established
2017
Company form
Private limited company
Industry

About HHO Hornsyld ApS

HHO Hornsyld ApS (CVR number: 38863258) is a company from HORSENS. The company recorded a gross profit of 36.6 kDKK in 2023. The operating profit was -4.1 kDKK, while net earnings were 1951.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good but Return on Equity (ROE) was 16.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HHO Hornsyld ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-5.00-5.0025.99131.3836.58
EBIT-5.00-5.0015.8290.72-4.09
Net earnings1 165.731 680.933 115.003 396.971 951.12
Shareholders equity total3 471.564 419.557 530.1311 066.6512 882.09
Balance sheet total (assets)9 197.1313 974.0926 107.5128 520.2629 999.22
Net debt5 644.905 497.6511 782.3214 148.9514 172.50
Profitability
EBIT-%
ROA15.1 %16.1 %16.8 %14.2 %9.4 %
ROE39.7 %42.6 %52.1 %36.5 %16.3 %
ROI15.2 %16.2 %18.3 %15.1 %9.4 %
Economic value added (EVA)- 417.71- 463.10- 482.52- 879.73-1 271.17
Solvency
Equity ratio37.7 %31.6 %28.8 %38.9 %43.0 %
Gearing162.6 %124.4 %156.5 %127.9 %110.0 %
Relative net indebtedness %
Liquidity
Quick ratio
Current ratio
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:9.41%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.0%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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