HØRBY MINK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HØRBY MINK A/S
HØRBY MINK A/S (CVR number: 28702116) is a company from FREDERIKSHAVN. The company recorded a gross profit of -1271.5 kDKK in 2023. The operating profit was -1444.2 kDKK, while net earnings were -1822.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.3 %, which can be considered poor and Return on Equity (ROE) was -29 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -1241.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HØRBY MINK A/S's liquidity measured by quick ratio was 6.9 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 | -1 305.94 | -3 171.22 | 6 002.39 | -55.20 | -1 271.48 |
EBIT | -2 859.73 | -4 368.26 | 5 381.58 | - 487.84 | -1 444.25 |
Net earnings | -3 549.54 | -5 517.16 | 4 807.23 | - 556.38 | -1 822.07 |
Shareholders equity total | - 329.75 | -5 846.91 | -1 039.68 | -1 596.06 | -3 418.13 |
Balance sheet total (assets) | 17 264.49 | 15 320.88 | 11 133.07 | 8 164.31 | 4 387.29 |
Net debt | 16 277.93 | 20 629.92 | 10 969.29 | 4 411.12 | - 875.90 |
Profitability | |||||
EBIT-% | |||||
ROA | -16.0 % | -22.5 % | 32.3 % | -4.4 % | -16.3 % |
ROE | -34.7 % | -33.9 % | 36.3 % | -5.8 % | -29.0 % |
ROI | -16.5 % | -23.2 % | 33.8 % | -5.7 % | -48.7 % |
Economic value added (EVA) | -2 925.07 | -4 500.32 | 5 778.90 | - 284.73 | -1 501.22 |
Solvency | |||||
Equity ratio | -1.9 % | -27.6 % | -8.5 % | -25.2 % | -1241.7 % |
Gearing | -5103.4 % | -352.9 % | -1069.4 % | -367.5 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 0.6 | 0.4 | 0.3 | 6.9 |
Current ratio | 19.6 | 12.1 | 0.8 | 0.6 | 0.3 |
Cash and cash equivalents | 550.44 | 4.49 | 149.11 | 1 455.06 | 875.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | C | BBB | BB | B |
Variable visualization
Roles
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions

... and more!
No registration needed.