HORNBÆK PLASTINDUSTRI A/S — Credit Rating and Financial Key Figures

CVR number: 15522194
Zinkvej 8, 8940 Randers SV
hpi@hpi.dk
tel: 87119401
www.hpi.dk

Credit rating

Company information

Official name
HORNBÆK PLASTINDUSTRI A/S
Personnel
38 persons
Established
1991
Company form
Limited company
Industry
  • Expand more icon22Manufacture of rubber and plastic products

About HORNBÆK PLASTINDUSTRI A/S

HORNBÆK PLASTINDUSTRI A/S (CVR number: 15522194) is a company from RANDERS. The company recorded a gross profit of 33.3 mDKK in 2024. The operating profit was 15.9 mDKK, while net earnings were 12.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 34.2 %, which can be considered excellent and Return on Equity (ROE) was 40.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.7 %, 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. HORNBÆK PLASTINDUSTRI A/S's liquidity measured by quick ratio was 2.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit25 239.3421 804.0816 662.0031 866.4433 314.37
EBIT9 770.184 308.15- 711.0014 289.6515 878.36
Net earnings6 119.263 599.66- 741.0010 865.2012 402.05
Shareholders equity total23 694.9622 294.6218 553.0029 418.6331 820.68
Balance sheet total (assets)53 981.5142 381.5744 356.0054 733.8742 578.86
Net debt-7 963.562 635.25437.00-10 334.40-11 805.70
Profitability
EBIT-%
ROA19.7 %10.7 %-1.6 %29.5 %34.2 %
ROE26.4 %15.7 %-3.6 %45.3 %40.5 %
ROI24.5 %13.9 %-2.3 %39.7 %44.6 %
Economic value added (EVA)7 532.963 499.02-1 305.6410 826.4312 074.47
Solvency
Equity ratio43.9 %52.6 %41.8 %53.7 %74.7 %
Gearing78.2 %38.2 %68.5 %44.0 %1.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.11.21.52.6
Current ratio1.51.71.51.83.4
Cash and cash equivalents26 491.095 877.9012 263.0023 290.3812 109.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:34.2%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.7%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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