T. HORNBÆK IVS — Credit Rating and Financial Key Figures

T. HORNBÆK IVS (CVR number: 35801588) is a company from HORSENS. The company recorded a gross profit of -10.6 kDKK in 2017. The operating profit was -10.6 kDKK, while net earnings were -11.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.5 %, which can be considered poor and Return on Equity (ROE) was -35.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.6 %, 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. T. HORNBÆK IVS's liquidity measured by quick ratio was 2.5 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.