HORSENS TOTALBYG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HORSENS TOTALBYG ApS
HORSENS TOTALBYG ApS (CVR number: 13277591) is a company from HORSENS. The company recorded a gross profit of -232.2 kDKK in 2024. The operating profit was -401.9 kDKK, while net earnings were -322.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.9 %, which can be considered poor and Return on Equity (ROE) was -10.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HORSENS TOTALBYG ApS's liquidity measured by quick ratio was 3.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 721.46 | 490.62 | 199.29 | 313.77 | - 232.25 |
| EBIT | 1 750.04 | 415.55 | 76.03 | 137.59 | - 401.86 |
| Net earnings | 1 368.32 | 350.45 | 49.20 | 96.14 | - 322.89 |
| Shareholders equity total | 2 907.45 | 3 049.91 | 3 099.11 | 3 195.25 | 2 872.36 |
| Balance sheet total (assets) | 5 233.29 | 5 173.82 | 5 176.32 | 5 281.62 | 3 665.09 |
| Net debt | 375.10 | - 552.95 | - 546.56 | - 297.14 | - 338.05 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 27.6 % | 9.0 % | 1.6 % | 2.7 % | -8.9 % |
| ROE | 61.5 % | 11.8 % | 1.6 % | 3.1 % | -10.6 % |
| ROI | 57.5 % | 13.4 % | 2.4 % | 4.1 % | -12.3 % |
| Economic value added (EVA) | 1 307.74 | 179.59 | - 119.08 | -56.89 | - 490.30 |
| Solvency | |||||
| Equity ratio | 55.6 % | 58.9 % | 59.9 % | 60.5 % | 78.4 % |
| Gearing | 20.6 % | 10.1 % | 1.8 % | 6.3 % | 5.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.2 | 1.5 | 1.6 | 1.9 | 3.5 |
| Current ratio | 2.0 | 2.3 | 2.3 | 2.4 | 4.3 |
| Cash and cash equivalents | 223.26 | 861.57 | 603.89 | 499.17 | 486.01 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BB |
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