Horn Tømreren ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Horn Tømreren ApS
Horn Tømreren ApS (CVR number: 40146121) is a company from SILKEBORG. The company recorded a gross profit of 403 kDKK in 2023. The operating profit was 9 kDKK, while net earnings were 2.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 49.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Horn Tømreren ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 595.70 | 483.65 | 398.17 | 399.08 | 402.99 |
EBIT | 32.84 | 94.98 | 3.64 | 4.92 | 9.03 |
Net earnings | 25.11 | 73.95 | 2.16 | 0.05 | 2.10 |
Shareholders equity total | 75.11 | 149.06 | 151.22 | 151.28 | 153.38 |
Balance sheet total (assets) | 487.33 | 318.22 | 275.13 | 303.69 | 312.07 |
Net debt | - 332.16 | - 196.95 | - 130.23 | -45.28 | - 102.47 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.7 % | 23.6 % | 1.2 % | 1.7 % | 2.9 % |
ROE | 33.4 % | 66.0 % | 1.4 % | 0.0 % | 1.4 % |
ROI | 37.8 % | 79.1 % | 2.4 % | 2.6 % | 4.7 % |
Economic value added (EVA) | 25.51 | 87.63 | 6.11 | 3.87 | 7.63 |
Solvency | |||||
Equity ratio | 15.4 % | 46.8 % | 55.0 % | 49.8 % | 49.1 % |
Gearing | 15.7 % | 0.8 % | 51.6 % | 4.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.2 | 1.5 | 1.6 | 1.7 |
Current ratio | 1.2 | 1.2 | 1.5 | 1.6 | 1.7 |
Cash and cash equivalents | 343.95 | 198.22 | 130.23 | 123.28 | 108.67 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
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