HØRNING AUTOLAGER ApS — Credit Rating and Financial Key Figures

CVR number: 10085519
Handelspladsen 12, 8362 Hørning
hoerningautolager@mail.dk
tel: 86923667
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Company information

Official name
HØRNING AUTOLAGER ApS
Personnel
2 persons
Established
2002
Company form
Private limited company
Industry

About HØRNING AUTOLAGER ApS

HØRNING AUTOLAGER ApS (CVR number: 10085519) is a company from SKANDERBORG. The company recorded a gross profit of 260.2 kDKK in 2024. The operating profit was -158.5 kDKK, while net earnings were -158.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.8 %, which can be considered poor and Return on Equity (ROE) was -13.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -23.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HØRNING AUTOLAGER 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit509.18568.46360.44391.47260.21
EBIT22.2483.08-70.59-37.82- 158.47
Net earnings-9.3862.87-71.28-37.97- 158.47
Shareholders equity total- 144.64-81.77- 153.04- 191.02- 349.48
Balance sheet total (assets)1 382.671 489.481 309.891 253.311 144.33
Net debt1 342.851 239.041 349.281 297.321 353.57
Profitability
EBIT-%
ROA1.4 %5.4 %-4.7 %-2.6 %-10.8 %
ROE-0.7 %4.4 %-5.1 %-3.0 %-13.2 %
ROI1.6 %6.0 %-5.1 %-2.8 %-11.7 %
Economic value added (EVA)-43.4022.63- 137.26-98.44- 215.24
Solvency
Equity ratio-9.5 %-5.2 %-10.5 %-13.2 %-23.4 %
Gearing-931.7 %-1722.6 %-888.2 %-691.5 %-395.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.00.10.0
Current ratio0.30.40.30.30.2
Cash and cash equivalents4.67169.4810.0423.4727.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-10.8%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-23.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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