AH Industries Horsens A/S — Credit Rating and Financial Key Figures

CVR number: 42340421
Nokiavej 10, 8700 Horsens

Credit rating

Company information

Official name
AH Industries Horsens A/S
Established
2021
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About AH Industries Horsens A/S

AH Industries Horsens A/S (CVR number: 42340421) is a company from HORSENS. The company recorded a gross profit of -0.2 kDKK in 2023. The operating profit was -0.2 kDKK, while net earnings were 19 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 31.7 %, 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. AH Industries Horsens A/S's liquidity measured by quick ratio was 0.5 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
20222023
Volume
Net sales
Gross profit-0.25
EBIT-0.25
Net earnings-10.1518.99
Shareholders equity total989.851 008.84
Balance sheet total (assets)3 156.363 179.09
Net debt- 987.85-12.98
Profitability
EBIT-%
ROA0.8 %
ROE-1.0 %1.9 %
ROI2.4 %
Economic value added (EVA)-0.35
Solvency
Equity ratio31.4 %31.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.50.5
Current ratio0.50.5
Cash and cash equivalents987.8512.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:0.77%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.7%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

Companies in the same industry

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