HØRVE MASKINHANDEL A/S — Credit Rating and Financial Key Figures

CVR number: 25503082
Søhusvej 15, Vejleby 4534 Hørve
tel: 59657037

Company information

Official name
HØRVE MASKINHANDEL A/S
Personnel
2 persons
Established
2000
Domicile
Vejleby
Company form
Limited company
Industry

About HØRVE MASKINHANDEL A/S

HØRVE MASKINHANDEL A/S (CVR number: 25503082) is a company from ODSHERRED. The company recorded a gross profit of -7.5 kDKK in 2024. The operating profit was -7.5 kDKK, while net earnings were 57.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent and Return on Equity (ROE) was 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 90.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HØRVE MASKINHANDEL A/S's liquidity measured by quick ratio was 10.1 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 sales
Gross profit6 308.926 172.868 270.491 658.13-7.45
EBIT4 241.213 211.486 282.071 400.61-7.45
Net earnings3 043.112 374.764 759.761 162.3457.38
Shareholders equity total3 793.113 124.765 509.761 912.34807.38
Balance sheet total (assets)11 672.779 216.657 208.462 471.19896.11
Net debt2 986.983 305.96- 796.97- 740.38-20.23
Profitability
EBIT-%
ROA33.3 %31.5 %76.9 %31.7 %4.5 %
ROE87.3 %68.7 %110.2 %31.3 %4.2 %
ROI40.2 %40.8 %96.6 %40.2 %5.5 %
Economic value added (EVA)2 686.382 059.304 515.92800.15- 103.51
Solvency
Equity ratio32.5 %33.9 %76.4 %77.4 %90.1 %
Gearing130.2 %136.6 %1.8 %1.7 %4.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.34.04.410.1
Current ratio1.51.54.44.410.1
Cash and cash equivalents1 950.54960.89896.57772.7553.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBB

Variable visualization

ROA:4.53%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.1%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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