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 -15.7 kDKK in 2023. The operating profit was -15.7 kDKK, while net earnings were 106.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good and Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 90.7 %, 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 10.8 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -17.76 | -11.16 | -13.10 | -13.02 | -15.66 |
EBIT | -17.76 | -11.16 | -13.10 | -13.02 | -15.66 |
Net earnings | - 102.63 | 236.71 | -77.41 | 152.21 | 106.24 |
Shareholders equity total | 1 335.13 | 1 461.24 | 1 270.83 | 1 308.64 | 1 297.08 |
Balance sheet total (assets) | 1 571.02 | 1 597.78 | 1 280.94 | 1 341.14 | 1 430.08 |
Net debt | -1 341.45 | -1 479.87 | -1 277.97 | -1 336.70 | -1 332.75 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.1 % | 16.3 % | 2.0 % | 13.3 % | 10.3 % |
ROE | -7.1 % | 16.9 % | -5.7 % | 11.8 % | 8.2 % |
ROI | 0.1 % | 16.4 % | 2.1 % | 13.5 % | 10.5 % |
Economic value added (EVA) | -9.23 | 1.12 | -6.16 | -10.96 | -10.59 |
Solvency | |||||
Equity ratio | 85.0 % | 91.5 % | 99.2 % | 97.6 % | 90.7 % |
Gearing | 17.1 % | 8.1 % | 0.2 % | 0.3 % | 7.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.7 | 11.7 | 126.7 | 41.3 | 10.8 |
Current ratio | 6.7 | 11.7 | 126.7 | 41.3 | 10.8 |
Cash and cash equivalents | 1 569.83 | 1 597.78 | 1 280.58 | 1 340.78 | 1 430.05 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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