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HORNBORG TELTE ApS — Credit Rating and Financial Key Figures

CVR number: 17733494
Vesterenden 12, Hornborg 8762 Flemming
hornborgtelt@hornborgtelte.dk
tel: 75673975
www.hornborgtelte.dk
Free credit report Annual report

Company information

Official name
HORNBORG TELTE ApS
Personnel
2 persons
Established
1994
Domicile
Hornborg
Company form
Private limited company
Industry

About HORNBORG TELTE ApS

HORNBORG TELTE ApS (CVR number: 17733494) is a company from HEDENSTED. The company recorded a gross profit of 634 kDKK in 2025. The operating profit was 40.1 kDKK, while net earnings were 43.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 64.7 %, 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. HORNBORG TELTE ApS's liquidity measured by quick ratio was 2.3 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit556.07793.82908.67803.64633.99
EBIT159.48236.81294.61220.4540.06
Net earnings154.88221.22429.87179.4143.16
Shareholders equity total1 392.651 613.862 043.732 223.142 266.30
Balance sheet total (assets)2 046.412 423.922 973.033 117.443 502.55
Net debt- 565.54- 996.51-1 037.84- 523.02- 361.99
Profitability
EBIT-%
ROA8.4 %10.6 %10.9 %7.8 %1.7 %
ROE11.8 %14.7 %23.5 %8.4 %1.9 %
ROI9.2 %11.7 %12.2 %8.5 %1.8 %
Economic value added (EVA)81.09141.60101.3644.75- 103.34
Solvency
Equity ratio68.1 %66.6 %68.7 %71.3 %64.7 %
Gearing36.1 %32.9 %30.4 %31.9 %42.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.12.42.83.12.3
Current ratio2.12.42.83.12.3
Cash and cash equivalents1 067.681 528.131 659.031 232.501 316.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:1.72%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:64.7%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
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