Hørsving Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 34.83 | 37.09 | |||
Gross profit | -9.74 | 21.18 | 15.13 | -18.47 | -20.71 |
EBIT | -9.74 | 21.18 | 15.13 | -18.47 | -20.71 |
Net earnings | 71.40 | 111.97 | 218.28 | 49.48 | 16.31 |
Shareholders equity total | 239.63 | 351.61 | 569.89 | 619.37 | 635.68 |
Balance sheet total (assets) | 697.18 | 866.05 | 1 066.90 | 1 220.44 | 1 266.20 |
Net debt | 258.90 | 376.91 | - 332.90 | - 280.89 | - 461.12 |
Profitability | |||||
EBIT-% | 60.8 % | 40.8 % | |||
ROA | 15.0 % | 19.2 % | 90.7 % | 6.1 % | 9.1 % |
ROE | 35.0 % | 37.9 % | 47.4 % | 8.3 % | 2.6 % |
ROI | 15.3 % | 19.5 % | 28.9 % | 6.1 % | 9.3 % |
Economic value added (EVA) | -37.91 | -16.33 | -27.92 | -70.28 | -75.25 |
Solvency | |||||
Equity ratio | 34.4 % | 40.6 % | 53.4 % | 50.7 % | 50.2 % |
Gearing | 183.4 % | 143.6 % | 84.9 % | 94.5 % | 94.8 % |
Relative net indebtedness % | 1109.1 % | -862.5 % | |||
Liquidity | |||||
Quick ratio | 0.5 | 0.5 | 1.6 | 1.4 | 1.9 |
Current ratio | 0.5 | 0.5 | 1.6 | 1.4 | 1.9 |
Cash and cash equivalents | 180.53 | 128.16 | 816.92 | 866.43 | 1 063.56 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -781.7 % | -1297.4 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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