HORTIADVICE A/S — Credit Rating and Financial Key Figures

CVR number: 32305164
Hvidkærvej 29, Højme 5250 Odense SV

Company information

Official name
HORTIADVICE A/S
Personnel
31 persons
Established
2011
Domicile
Højme
Company form
Limited company
Industry

About HORTIADVICE A/S

HORTIADVICE A/S (CVR number: 32305164) is a company from ODENSE. The company reported a net sales of 31.3 mDKK in 2024, demonstrating a decline of -6.6 % compared to the previous year. The operating profit percentage was at 2 % (EBIT: 0.6 mDKK), while net earnings were 264.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent and Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 35.4 %, 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. HORTIADVICE A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales27.4529.6932.3933.4631.26
Gross profit16.9918.8321.5221.8721.29
EBIT-1.111.05-0.000.400.63
Net earnings-0.860.82-0.060.120.26
Shareholders equity total7.764.584.534.644.91
Balance sheet total (assets)15.959.0417.0114.2813.84
Net debt-10.57-0.969.886.034.29
Profitability
EBIT-%-4.0 %3.5 %-0.0 %1.2 %2.0 %
ROA-6.8 %8.7 %0.1 %2.6 %4.5 %
ROE-10.5 %13.4 %-1.2 %2.5 %5.5 %
ROI-12.6 %16.5 %0.2 %3.3 %6.4 %
Economic value added (EVA)-1.280.96-0.140.230.49
Solvency
Equity ratio48.6 %50.7 %26.6 %32.5 %35.4 %
Gearing1.5 %16.5 %218.3 %129.8 %87.5 %
Relative net indebtedness %-9.1 %9.2 %38.5 %28.8 %28.3 %
Liquidity
Quick ratio2.12.01.00.91.0
Current ratio2.12.01.00.91.0
Cash and cash equivalents10.681.72
Capital use efficiency
Trade debtors turnover (days)23.121.137.534.238.5
Net working capital %29.8 %14.5 %0.4 %-2.6 %0.6 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:4.51%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.4%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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