HJØRNET, GLAMSBJERG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HJØRNET, GLAMSBJERG ApS
HJØRNET, GLAMSBJERG ApS (CVR number: 36556242) is a company from ODENSE. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a growth of 16.3 % compared to the previous year. The operating profit percentage was at 57.7 % (EBIT: 0.5 mDKK), while net earnings were 389.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.5 %, which can be considered excellent and Return on Equity (ROE) was 32.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 87 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HJØRNET, GLAMSBJERG ApS's liquidity measured by quick ratio was 7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 579.80 | 345.87 | 548.29 | 735.83 | 856.12 |
Gross profit | 506.88 | 313.02 | 415.65 | 543.02 | 533.68 |
EBIT | 285.42 | 75.31 | 279.81 | 423.52 | 494.18 |
Net earnings | 235.95 | 79.94 | 267.52 | 276.51 | 389.10 |
Shareholders equity total | 610.79 | 635.43 | 846.45 | 1 065.76 | 1 337.06 |
Balance sheet total (assets) | 784.03 | 834.30 | 1 061.26 | 1 327.93 | 1 537.49 |
Net debt | - 167.48 | - 321.66 | - 404.95 | - 307.30 | - 362.43 |
Profitability | |||||
EBIT-% | 49.2 % | 21.8 % | 51.0 % | 57.6 % | 57.7 % |
ROA | 41.5 % | 9.3 % | 29.5 % | 35.5 % | 34.5 % |
ROE | 47.9 % | 12.8 % | 36.1 % | 28.9 % | 32.4 % |
ROI | 57.9 % | 12.1 % | 37.8 % | 44.3 % | 41.2 % |
Economic value added (EVA) | 225.77 | 63.37 | 254.61 | 256.07 | 351.21 |
Solvency | |||||
Equity ratio | 77.9 % | 76.2 % | 79.8 % | 80.3 % | 87.0 % |
Gearing | |||||
Relative net indebtedness % | 1.0 % | -35.5 % | -34.7 % | -6.1 % | -18.9 % |
Liquidity | |||||
Quick ratio | 2.7 | 3.5 | 4.6 | 4.4 | 7.0 |
Current ratio | 2.7 | 3.5 | 4.6 | 4.4 | 7.0 |
Cash and cash equivalents | 167.48 | 321.66 | 404.95 | 307.30 | 362.43 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 85.0 | 157.3 | 132.8 | 142.5 | 159.9 |
Net working capital % | 52.1 % | 144.4 % | 139.8 % | 122.0 % | 141.2 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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