HØRMANN ApS — Credit Rating and Financial Key Figures

CVR number: 46434013
Balle Bygade 81, 8600 Silkeborg
hoermann-hobby@mail.dk
tel: 86855178
www.hoermann-hobby.dk

Credit rating

Company information

Official name
HØRMANN ApS
Personnel
1 person
Established
1975
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About HØRMANN ApS

HØRMANN ApS (CVR number: 46434013) is a company from SILKEBORG. The company recorded a gross profit of 287.4 kDKK in 2023. The operating profit was -56.2 kDKK, while net earnings were -61.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.3 %, which can be considered poor and Return on Equity (ROE) was -5.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 86.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HØRMANN ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit380.99385.06413.14358.20287.38
EBIT42.1574.8561.3714.70-56.18
Net earnings15.3143.4527.761.58-61.93
Shareholders equity total1 072.721 101.171 118.931 108.511 034.58
Balance sheet total (assets)1 330.681 325.491 337.191 296.421 195.78
Net debt- 199.42- 208.49- 290.31- 208.98-73.83
Profitability
EBIT-%
ROA3.2 %5.6 %4.8 %1.8 %-4.3 %
ROE1.4 %4.0 %2.5 %0.1 %-5.8 %
ROI3.7 %6.6 %5.6 %2.1 %-5.0 %
Economic value added (EVA)-10.5717.125.87-26.94-89.17
Solvency
Equity ratio80.6 %83.1 %83.7 %85.5 %86.5 %
Gearing5.0 %5.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.41.51.30.7
Current ratio5.36.36.46.97.4
Cash and cash equivalents253.19264.00290.31208.9873.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-4.30%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.5%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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