Hornbækker ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Hornbækker ApS
Hornbækker ApS (CVR number: 38363964) is a company from HELSINGØR. The company recorded a gross profit of 510.7 kDKK in 2024. The operating profit was 13.8 kDKK, while net earnings were -5.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.8 %, 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. Hornbækker ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 332.90 | 225.53 | 156.95 | 316.78 | 510.66 |
EBIT | 175.72 | 144.35 | 152.07 | 315.42 | 13.83 |
Net earnings | 132.91 | 103.15 | 108.55 | 238.52 | -5.37 |
Shareholders equity total | 267.75 | 370.90 | 250.65 | 489.17 | 361.80 |
Balance sheet total (assets) | 680.68 | 807.12 | 609.81 | 1 026.62 | 1 303.76 |
Net debt | -84.02 | - 341.02 | 43.41 | -64.86 | 52.01 |
Profitability | |||||
EBIT-% | |||||
ROA | 25.4 % | 19.4 % | 21.5 % | 38.5 % | 1.2 % |
ROE | 66.0 % | 32.3 % | 34.9 % | 64.5 % | -1.3 % |
ROI | 87.3 % | 45.2 % | 37.2 % | 58.3 % | 2.1 % |
Economic value added (EVA) | 128.61 | 93.54 | 92.37 | 218.31 | -18.02 |
Solvency | |||||
Equity ratio | 39.3 % | 46.0 % | 41.1 % | 47.6 % | 27.8 % |
Gearing | 79.0 % | 29.5 % | 84.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.8 | 1.7 | 1.9 | 1.3 |
Current ratio | 1.6 | 1.8 | 1.7 | 1.9 | 1.3 |
Cash and cash equivalents | 84.02 | 341.02 | 154.69 | 209.38 | 252.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BB |
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