HORNSLETH HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 26095824
Holger Danskes Vej 14, 8700 Horsens
oh@hornsleth-holding.dk
tel: 86938188
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Credit rating

Company information

Official name
HORNSLETH HOLDING A/S
Established
2001
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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- 102.63236.71-77.41152.21106.24
Shareholders equity total1 335.131 461.241 270.831 308.641 297.08
Balance sheet total (assets)1 571.021 597.781 280.941 341.141 430.08
Net debt-1 341.45-1 479.87-1 277.97-1 336.70-1 332.75
Profitability
EBIT-%
ROA0.1 %16.3 %2.0 %13.3 %10.3 %
ROE-7.1 %16.9 %-5.7 %11.8 %8.2 %
ROI0.1 %16.4 %2.1 %13.5 %10.5 %
Economic value added (EVA)-9.231.12-6.16-10.96-10.59
Solvency
Equity ratio85.0 %91.5 %99.2 %97.6 %90.7 %
Gearing17.1 %8.1 %0.2 %0.3 %7.5 %
Relative net indebtedness %
Liquidity
Quick ratio6.711.7126.741.310.8
Current ratio6.711.7126.741.310.8
Cash and cash equivalents1 569.831 597.781 280.581 340.781 430.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:10.3%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.7%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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