HORSENS POLSTRING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 5 327.34 | 5 627.44 | 5 577.66 | 5 390.48 | 4 701.07 |
EBIT | 63.38 | 473.38 | 162.75 | 8.61 | -44.07 |
Net earnings | 62.95 | 386.69 | 137.40 | 16.63 | 10.12 |
Shareholders equity total | 2 433.89 | 2 820.58 | 2 957.98 | 2 974.61 | 2 984.73 |
Balance sheet total (assets) | 4 614.94 | 5 798.37 | 5 430.09 | 5 525.15 | 4 039.55 |
Net debt | 269.91 | 281.35 | 1 389.48 | 1 015.63 | 309.86 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.4 % | 10.0 % | 3.6 % | 0.8 % | 0.6 % |
ROE | 2.6 % | 14.7 % | 4.8 % | 0.6 % | 0.3 % |
ROI | 3.5 % | 17.1 % | 5.3 % | 1.1 % | 0.8 % |
Economic value added (EVA) | -70.89 | 252.16 | -10.68 | - 141.11 | - 178.37 |
Solvency | |||||
Equity ratio | 52.7 % | 48.6 % | 54.5 % | 53.8 % | 73.9 % |
Gearing | 16.9 % | 12.9 % | 47.0 % | 34.1 % | 10.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.2 | 1.0 | 1.4 | 2.1 |
Current ratio | 1.9 | 1.9 | 1.9 | 2.1 | 3.8 |
Cash and cash equivalents | 140.50 | 83.15 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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