HØRBY MINK A/S — Credit Rating and Financial Key Figures

CVR number: 28702116
Understedvej 178, Hørby 9300 Sæby
mrs.majbritt.juul@gmail.com
tel: 26782679

Company information

Official name
HØRBY MINK A/S
Personnel
1 person
Established
2005
Domicile
Hørby
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-1 305.94-3 171.226 002.39-55.20-1 271.48
EBIT-2 859.73-4 368.265 381.58- 487.84-1 444.25
Net earnings-3 549.54-5 517.164 807.23- 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)17 264.4915 320.8811 133.078 164.314 387.29
Net debt16 277.9320 629.9210 969.294 411.12- 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)-2 925.07-4 500.325 778.90- 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 ratio1.90.60.40.36.9
Current ratio19.612.10.80.60.3
Cash and cash equivalents550.444.49149.111 455.06875.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBCBBBBBB

Variable visualization

ROA:-16.3%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-1241.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Chairman of the board

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