Hørsving Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38289829
Trojavej 3, 2300 København S
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Company information

Official name
Hørsving Holding ApS
Established
2016
Company form
Private limited company
Industry

About Hørsving Holding ApS

Hørsving Holding ApS (CVR number: 38289829) is a company from KØBENHAVN. The company recorded a gross profit of -20.7 kDKK in 2024. The operating profit was -20.7 kDKK, while net earnings were 16.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good but Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 50.2 %, 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. Hørsving Holding ApS's liquidity measured by quick ratio was 1.9 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 sales34.8337.09
Gross profit-9.7421.1815.13-18.47-20.71
EBIT-9.7421.1815.13-18.47-20.71
Net earnings71.40111.97218.2849.4816.31
Shareholders equity total239.63351.61569.89619.37635.68
Balance sheet total (assets)697.18866.051 066.901 220.441 266.20
Net debt258.90376.91- 332.90- 280.89- 461.12
Profitability
EBIT-%60.8 %40.8 %
ROA15.0 %19.2 %90.7 %6.1 %9.1 %
ROE35.0 %37.9 %47.4 %8.3 %2.6 %
ROI15.3 %19.5 %28.9 %6.1 %9.3 %
Economic value added (EVA)-37.91-16.33-27.92-70.28-75.25
Solvency
Equity ratio34.4 %40.6 %53.4 %50.7 %50.2 %
Gearing183.4 %143.6 %84.9 %94.5 %94.8 %
Relative net indebtedness %1109.1 %-862.5 %
Liquidity
Quick ratio0.50.51.61.41.9
Current ratio0.50.51.61.41.9
Cash and cash equivalents180.53128.16816.92866.431 063.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-781.7 %-1297.4 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:9.13%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.2%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Director

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