HORNSLETH HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HORNSLETH HOLDING A/S
HORNSLETH HOLDING A/S (CVR number: 26095824) is a company from HORSENS. The company recorded a gross profit of -14.9 kDKK in 2024. The operating profit was -14.9 kDKK, while net earnings were 70.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, 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 87 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HORNSLETH HOLDING A/S's liquidity measured by quick ratio was 7.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -11.16 | -13.10 | -13.02 | -15.66 | -14.93 |
EBIT | -11.16 | -13.10 | -13.02 | -15.66 | -14.93 |
Net earnings | 236.71 | -77.41 | 152.21 | 106.24 | 70.36 |
Shareholders equity total | 1 461.24 | 1 270.83 | 1 308.64 | 1 297.08 | 1 245.44 |
Balance sheet total (assets) | 1 597.78 | 1 280.94 | 1 341.14 | 1 430.08 | 1 431.58 |
Net debt | -1 479.87 | -1 277.97 | -1 336.70 | -1 332.75 | -1 267.36 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.3 % | 2.0 % | 13.3 % | 10.3 % | 6.9 % |
ROE | 16.9 % | -5.7 % | 11.8 % | 8.2 % | 5.5 % |
ROI | 16.4 % | 2.1 % | 13.5 % | 10.5 % | 7.1 % |
Economic value added (EVA) | -89.24 | -92.37 | -75.44 | -78.17 | -81.68 |
Solvency | |||||
Equity ratio | 91.5 % | 99.2 % | 97.6 % | 90.7 % | 87.0 % |
Gearing | 8.1 % | 0.2 % | 0.3 % | 7.5 % | 13.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 11.7 | 126.7 | 41.3 | 10.8 | 7.7 |
Current ratio | 11.7 | 126.7 | 41.3 | 10.8 | 7.7 |
Cash and cash equivalents | 1 597.78 | 1 280.58 | 1 340.78 | 1 430.05 | 1 431.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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