Hørby Østergaard ApS — Credit Rating and Financial Key Figures

CVR number: 40620745
Vielshøjen 6, Hørby 9500 Hobro

Company information

Official name
Hørby Østergaard ApS
Personnel
3 persons
Established
2019
Domicile
Hørby
Company form
Private limited company
Industry

About Hørby Østergaard ApS

Hørby Østergaard ApS (CVR number: 40620745) is a company from MARIAGERFJORD. The company recorded a gross profit of 8981.2 kDKK in 2023. The operating profit was 7235.1 kDKK, while net earnings were 4624.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good and Return on Equity (ROE) was 13.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 49.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Hørby Østergaard ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit563.65531.13268.12824.488 981.22
EBIT-89.52-70.49- 229.5828.077 235.07
Net earnings-4 388.162 409.012 664.478 349.364 624.83
Shareholders equity total9 141.8911 550.9014 215.3736 794.2734 080.08
Balance sheet total (assets)22 284.7824 490.6738 563.0763 411.5668 600.12
Net debt10 810.6810 544.2321 746.3822 898.3928 915.43
Profitability
EBIT-%
ROA-16.9 %11.6 %9.2 %17.5 %11.9 %
ROE-48.0 %23.3 %20.7 %32.7 %13.1 %
ROI-17.0 %11.7 %9.3 %17.9 %12.1 %
Economic value added (EVA)-82.00- 429.00-1 080.90-1 279.145 013.82
Solvency
Equity ratio41.0 %47.2 %36.9 %58.0 %49.7 %
Gearing118.3 %91.3 %153.0 %62.2 %84.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.40.21.10.8
Current ratio0.30.40.21.10.8
Cash and cash equivalents3.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAAAA

Variable visualization

ROA:11.9%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.7%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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