HØRKRAM FOODSERVICE A/S — Credit Rating and Financial Key Figures

CVR number: 85500716
Centervej 1, 4180 Sorø
tel: 57870444

Company information

Official name
HØRKRAM FOODSERVICE A/S
Personnel
1289 persons
Established
1978
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales4 659 925.004 805 465.72
Gross profit933 710.00923 352.79
EBIT267 074.00184 494.78
Net earnings214 433.00150 124.38
Shareholders equity total1 215 793.001 365 917.46
Balance sheet total (assets)1 404 816.001 605 894.82
Net debt- 231 138.00- 196 053.38
Profitability
EBIT-%5.7 %3.8 %
ROA19.8 %13.2 %
ROE17.6 %11.6 %
ROI22.2 %15.0 %
Economic value added (EVA)-37 155.86208 592.4781 357.12
Solvency
Equity ratio86.5 %85.1 %
Gearing1.9 %2.0 %
Relative net indebtedness %-1.6 %0.1 %
Liquidity
Quick ratio5.24.5
Current ratio6.65.7
Cash and cash equivalents253 738.00223 558.74
Capital use efficiency
Trade debtors turnover (days)39.540.9
Net working capital %21.5 %22.4 %
Credit risk
Credit ratingBBBBBBAA

Variable visualization

ROA:13.2%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.1%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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