HORNE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33241275
Solbakkevej 6, 4180 Sorø

Credit rating

Company information

Official name
HORNE HOLDING ApS
Established
2010
Company form
Private limited company
Industry

About HORNE HOLDING ApS

HORNE HOLDING ApS (CVR number: 33241275) is a company from SORØ. The company recorded a gross profit of -12.4 kDKK in 2023. The operating profit was -12.4 kDKK, while net earnings were 588.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 83.7 %, which can be considered excellent and Return on Equity (ROE) was 99.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HORNE HOLDING ApS's liquidity measured by quick ratio was 1.6 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-2.25-3.75-4.38-5.00-12.39
EBIT-2.25-3.75-4.38-5.00-12.39
Net earnings13.3214.8710.16307.37588.69
Shareholders equity total21.7236.5946.75354.13825.02
Balance sheet total (assets)42.0756.9367.72448.79931.52
Net debt3.540.36
Profitability
EBIT-%
ROA35.3 %28.4 %14.8 %119.0 %83.7 %
ROE88.5 %51.0 %24.4 %153.3 %99.9 %
ROI85.2 %48.2 %22.1 %151.9 %97.6 %
Economic value added (EVA)-1.89-3.31-3.78-4.10-3.06
Solvency
Equity ratio51.6 %64.3 %69.0 %78.9 %88.6 %
Gearing1.0 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.40.30.81.6
Current ratio0.60.40.30.81.6
Cash and cash equivalents0.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:83.7%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.6%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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