K.A. FINANS HORSENS A/S — Credit Rating and Financial Key Figures

CVR number: 14247300
Jespersvej 35, 8700 Horsens
jespersvej35@stofanet.dk
tel: 75610590

Company information

Official name
K.A. FINANS HORSENS A/S
Established
1990
Company form
Limited company
Industry

About K.A. FINANS HORSENS A/S

K.A. FINANS HORSENS A/S (CVR number: 14247300) is a company from HORSENS. The company recorded a gross profit of 762.1 kDKK in 2023. The operating profit was 578 kDKK, while net earnings were 1469.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good and Return on Equity (ROE) was 10.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 87.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K.A. FINANS HORSENS A/S's liquidity measured by quick ratio was 12.8 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 profit772.67640.75668.24725.41762.14
EBIT588.51456.59484.08541.25577.99
Net earnings1 252.20978.861 207.061 311.331 469.73
Shareholders equity total16 685.7516 064.6114 271.6713 983.0013 852.73
Balance sheet total (assets)18 648.2618 108.0616 240.1815 964.1915 842.70
Net debt-1 917.58- 609.82- 504.97- 564.38-1 334.13
Profitability
EBIT-%
ROA7.2 %6.3 %8.1 %9.3 %10.5 %
ROE7.1 %6.0 %8.0 %9.3 %10.6 %
ROI7.3 %6.4 %8.2 %9.5 %10.8 %
Economic value added (EVA)606.0595.91109.04275.07369.55
Solvency
Equity ratio89.5 %88.7 %87.9 %87.6 %87.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio22.716.513.09.912.8
Current ratio22.716.513.09.912.8
Cash and cash equivalents1 917.58609.82504.97564.381 334.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:10.5%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.4%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Board member

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