HORSENS POLSTRING A/S — Credit Rating and Financial Key Figures

CVR number: 32941796
Sandøvej 11, 8700 Horsens
morten@horsenspolstring.dk
tel: 75618179
www.horsenspolstring.dk

Credit rating

Company information

Official name
HORSENS POLSTRING A/S
Personnel
9 persons
Established
2010
Company form
Limited company
Industry
  • Expand more icon310000

About HORSENS POLSTRING A/S

HORSENS POLSTRING A/S (CVR number: 32941796) is a company from HORSENS. The company recorded a gross profit of 4701.1 kDKK in 2024. The operating profit was -44.1 kDKK, while net earnings were 10.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 73.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HORSENS POLSTRING A/S's liquidity measured by quick ratio was 2.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit5 327.345 627.445 577.665 390.484 701.07
EBIT63.38473.38162.758.61-44.07
Net earnings62.95386.69137.4016.6310.12
Shareholders equity total2 433.892 820.582 957.982 974.612 984.73
Balance sheet total (assets)4 614.945 798.375 430.095 525.154 039.55
Net debt269.91281.351 389.481 015.63309.86
Profitability
EBIT-%
ROA2.4 %10.0 %3.6 %0.8 %0.6 %
ROE2.6 %14.7 %4.8 %0.6 %0.3 %
ROI3.5 %17.1 %5.3 %1.1 %0.8 %
Economic value added (EVA)-70.89252.16-10.68- 141.11- 178.37
Solvency
Equity ratio52.7 %48.6 %54.5 %53.8 %73.9 %
Gearing16.9 %12.9 %47.0 %34.1 %10.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.21.01.42.1
Current ratio1.91.91.92.13.8
Cash and cash equivalents140.5083.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.58%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.9%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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