HORNSTRUP KURSUSCENTER P/S — Credit Rating and Financial Key Figures

HORNSTRUP KURSUSCENTER P/S (CVR number: 36074116) is a company from VEJLE. The company reported a net sales of 17.4 mDKK in 2023, demonstrating a growth of 5 % compared to the previous year. The operating profit percentage was at 8.5 % (EBIT: 1.5 mDKK), while net earnings were 1322.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 37.7 %, 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. HORNSTRUP KURSUSCENTER P/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.