HORNSLETH BAR ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HORNSLETH BAR ApS
HORNSLETH BAR ApS (CVR number: 32141099) is a company from KØBENHAVN. The company recorded a gross profit of 1456.4 kDKK in 2024. The operating profit was -1149.6 kDKK, while net earnings were -787.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.9 %, which can be considered poor and Return on Equity (ROE) was -28.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HORNSLETH BAR ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 231.45 | 3 043.11 | 3 635.56 | 2 781.91 | 1 456.44 |
EBIT | - 827.16 | 915.21 | 1 270.09 | -1.40 | -1 149.61 |
Net earnings | - 608.52 | 680.54 | 1 119.48 | 173.13 | - 787.73 |
Shareholders equity total | 1 149.69 | 1 830.23 | 2 949.71 | 3 122.84 | 2 335.12 |
Balance sheet total (assets) | 2 672.86 | 4 238.29 | 5 664.93 | 5 663.14 | 4 578.67 |
Net debt | 520.83 | - 387.48 | 68.87 | 216.93 | 392.72 |
Profitability | |||||
EBIT-% | |||||
ROA | -20.2 % | 27.7 % | 29.4 % | 4.3 % | -18.9 % |
ROE | -31.1 % | 45.7 % | 46.8 % | 5.7 % | -28.9 % |
ROI | -30.2 % | 49.2 % | 57.2 % | 7.5 % | -31.7 % |
Economic value added (EVA) | - 756.28 | 632.56 | 923.57 | - 143.25 | -1 057.59 |
Solvency | |||||
Equity ratio | 43.0 % | 43.2 % | 52.1 % | 55.1 % | 51.0 % |
Gearing | 67.6 % | 7.2 % | 6.4 % | 7.5 % | 17.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 1.2 | 1.5 | 1.6 | 1.3 |
Current ratio | 0.9 | 1.2 | 1.6 | 1.6 | 1.4 |
Cash and cash equivalents | 256.10 | 518.62 | 120.79 | 17.17 | 15.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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