HINDBORG ApS — Credit Rating and Financial Key Figures

CVR number: 35227687
Horndrupvej 5, 8660 Skanderborg
henrikhindborg@outlook.dk
tel: 86579004

Credit rating

Company information

Official name
HINDBORG ApS
Personnel
2 persons
Established
2013
Company form
Private limited company
Industry

About HINDBORG ApS

HINDBORG ApS (CVR number: 35227687) is a company from SKANDERBORG. The company reported a net sales of 2.8 mDKK in 2024, demonstrating a growth of 22 % compared to the previous year. The operating profit percentage was at 48.7 % (EBIT: 1.4 mDKK), while net earnings were 1050.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good but Return on Equity (ROE) was 42.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HINDBORG ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 252.341 933.392 276.242 280.532 782.48
Gross profit406.56664.33608.19258.961 543.32
EBIT442.36593.79333.14523.681 355.97
Net earnings342.00459.00254.80404.891 050.78
Shareholders equity total811.851 270.851 525.641 930.532 981.34
Balance sheet total (assets)5 166.995 688.435 539.3911 277.2411 330.07
Net debt- 163.99- 110.88-63.90-63.80- 486.63
Profitability
EBIT-%35.3 %30.7 %14.6 %23.0 %48.7 %
ROA8.8 %10.9 %5.9 %6.2 %12.0 %
ROE53.4 %44.1 %18.2 %23.4 %42.8 %
ROI34.3 %57.0 %23.8 %30.3 %55.2 %
Economic value added (EVA)274.59450.19238.34394.861 036.50
Solvency
Equity ratio15.7 %22.3 %27.5 %17.1 %26.3 %
Gearing
Relative net indebtedness %230.9 %155.5 %119.3 %229.9 %166.1 %
Liquidity
Quick ratio0.10.10.00.10.1
Current ratio0.10.10.00.10.1
Cash and cash equivalents163.99110.8863.9063.80486.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-222.3 %-152.1 %-116.2 %-221.0 %-157.2 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:12.0%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.3%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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