HØRESERVICE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HØRESERVICE ApS
HØRESERVICE ApS (CVR number: 32322476) is a company from ODENSE. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a decline of -33.1 % compared to the previous year. The operating profit percentage was at 39.6 % (EBIT: 0.1 mDKK), while net earnings were 75.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.8 %, which can be considered excellent and Return on Equity (ROE) was 26 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HØRESERVICE ApS's liquidity measured by quick ratio was 3.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 39.93 | 143.14 | 382.98 | 372.46 | 249.05 |
Gross profit | 39.93 | 77.76 | 233.81 | 170.72 | 119.02 |
EBIT | 4.60 | 44.47 | 207.61 | 150.32 | 98.68 |
Net earnings | 3.02 | 34.40 | 158.59 | 112.28 | 75.76 |
Shareholders equity total | 119.11 | 156.15 | 314.74 | 312.62 | 270.58 |
Balance sheet total (assets) | 139.26 | 245.30 | 439.94 | 357.75 | 378.81 |
Net debt | - 112.53 | - 237.13 | - 402.18 | - 329.27 | - 298.76 |
Profitability | |||||
EBIT-% | 11.5 % | 31.1 % | 54.2 % | 40.4 % | 39.6 % |
ROA | 2.8 % | 23.1 % | 60.6 % | 37.7 % | 26.8 % |
ROE | 2.6 % | 25.0 % | 67.4 % | 35.8 % | 26.0 % |
ROI | 3.9 % | 32.3 % | 82.9 % | 44.9 % | 29.7 % |
Economic value added (EVA) | -1.23 | 34.13 | 164.40 | 121.95 | 77.21 |
Solvency | |||||
Equity ratio | 85.5 % | 63.7 % | 71.5 % | 87.4 % | 71.4 % |
Gearing | 9.5 % | 3.7 % | 25.5 % | ||
Relative net indebtedness % | -231.4 % | -103.4 % | -80.1 % | -79.4 % | -104.2 % |
Liquidity | |||||
Quick ratio | 6.3 | 2.7 | 3.5 | 7.7 | 3.4 |
Current ratio | 6.9 | 2.8 | 3.5 | 7.9 | 3.5 |
Cash and cash equivalents | 112.53 | 237.13 | 432.08 | 340.98 | 367.65 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 127.3 | 2.0 | |||
Net working capital % | 298.3 % | 109.1 % | 82.2 % | 83.9 % | 108.6 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BBB |
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