HØRKRAM FOODSERVICE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HØRKRAM FOODSERVICE A/S
HØRKRAM FOODSERVICE A/S (CVR number: 85500716) is a company from SORØ. The company reported a net sales of 4805.5 mDKK in 2024, demonstrating a growth of 3.1 % compared to the previous year. The operating profit percentage was at 3.8 % (EBIT: 184.5 mDKK), while net earnings were 150.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.2 %, which can be considered good and Return on Equity (ROE) was 11.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 85.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HØRKRAM FOODSERVICE A/S's liquidity measured by quick ratio was 4.5 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 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 4 659 925.00 | 4 805 465.72 | |||
Gross profit | 933 710.00 | 923 352.79 | |||
EBIT | 267 074.00 | 184 494.78 | |||
Net earnings | 214 433.00 | 150 124.38 | |||
Shareholders equity total | 1 215 793.00 | 1 365 917.46 | |||
Balance sheet total (assets) | 1 404 816.00 | 1 605 894.82 | |||
Net debt | - 231 138.00 | - 196 053.38 | |||
Profitability | |||||
EBIT-% | 5.7 % | 3.8 % | |||
ROA | 19.8 % | 13.2 % | |||
ROE | 17.6 % | 11.6 % | |||
ROI | 22.2 % | 15.0 % | |||
Economic value added (EVA) | -37 155.86 | 208 592.47 | 81 357.12 | ||
Solvency | |||||
Equity ratio | 86.5 % | 85.1 % | |||
Gearing | 1.9 % | 2.0 % | |||
Relative net indebtedness % | -1.6 % | 0.1 % | |||
Liquidity | |||||
Quick ratio | 5.2 | 4.5 | |||
Current ratio | 6.6 | 5.7 | |||
Cash and cash equivalents | 253 738.00 | 223 558.74 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 39.5 | 40.9 | |||
Net working capital % | 21.5 % | 22.4 % | |||
Credit risk | |||||
Credit rating | BB | BB | BB | A | A |
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