Hornbjerg Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Hornbjerg Holding ApS
Hornbjerg Holding ApS (CVR number: 41133996) is a company from HORSENS. The company recorded a gross profit of -6.4 kDKK in 2023. The operating profit was -6.4 kDKK, while net earnings were 3.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak and Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 65.3 %, 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. Hornbjerg Holding ApS's liquidity measured by quick ratio was 2.3 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 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -10.04 | 5.00 | -5.45 | -6.35 |
EBIT | -10.04 | 5.00 | -5.45 | -6.35 |
Net earnings | 40.60 | 185.68 | - 179.41 | 3.54 |
Shareholders equity total | 80.60 | 269.92 | 90.51 | 94.05 |
Balance sheet total (assets) | 85.60 | 279.92 | 140.51 | 144.05 |
Net debt | -34.84 | -29.02 | -66.25 | -62.12 |
Profitability | ||||
EBIT-% | ||||
ROA | 47.6 % | 102.0 % | -85.3 % | 2.5 % |
ROE | 50.4 % | 105.9 % | -99.6 % | 3.8 % |
ROI | 50.5 % | 104.9 % | -87.4 % | 2.6 % |
Economic value added (EVA) | -10.04 | 7.80 | 7.41 | -4.34 |
Solvency | ||||
Equity ratio | 94.2 % | 96.4 % | 64.4 % | 65.3 % |
Gearing | 1.9 % | 49.7 % | 47.8 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 7.0 | 3.4 | 2.4 | 2.3 |
Current ratio | 7.0 | 3.4 | 2.4 | 2.3 |
Cash and cash equivalents | 34.84 | 34.02 | 111.25 | 107.12 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | BBB | BBB | BBB |
Variable visualization
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