Hørby Østergaard ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Hørby Østergaard ApS
Hørby Østergaard ApS (CVR number: 40620745) is a company from MARIAGERFJORD. The company recorded a gross profit of 631.1 kDKK in 2024. The operating profit was -62.7 kDKK, while net earnings were -2918.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.2 %, which can be considered poor and Return on Equity (ROE) was -9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.7 %, 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 0.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 531.13 | 268.12 | 824.48 | 8 981.22 | 631.12 |
EBIT | -70.49 | - 229.58 | 28.07 | 7 235.07 | -62.66 |
Net earnings | 2 409.01 | 2 664.47 | 8 349.36 | 4 624.83 | -2 918.83 |
Shareholders equity total | 11 550.90 | 14 215.37 | 36 794.27 | 34 080.08 | 30 917.25 |
Balance sheet total (assets) | 24 490.67 | 38 563.07 | 63 411.56 | 68 600.12 | 74 092.84 |
Net debt | 10 544.23 | 21 746.38 | 22 898.39 | 28 903.62 | 37 902.10 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.6 % | 9.2 % | 17.5 % | 11.9 % | -2.2 % |
ROE | 23.3 % | 20.7 % | 32.7 % | 13.1 % | -9.0 % |
ROI | 11.7 % | 9.3 % | 17.9 % | 12.1 % | -2.2 % |
Economic value added (EVA) | -1 164.99 | -1 399.68 | -1 892.60 | 2 590.58 | -3 475.59 |
Solvency | |||||
Equity ratio | 47.2 % | 36.9 % | 58.0 % | 49.7 % | 41.7 % |
Gearing | 91.3 % | 153.0 % | 62.2 % | 84.8 % | 122.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.2 | 1.1 | 0.8 | 0.5 |
Current ratio | 0.4 | 0.2 | 1.1 | 0.8 | 0.5 |
Cash and cash equivalents | 3.16 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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