Honorés Holding Fredericia ApS — Credit Rating and Financial Key Figures

CVR number: 42891851
Thulesvej 63, 7000 Fredericia

Credit rating

Company information

Official name
Honorés Holding Fredericia ApS
Established
2021
Company form
Private limited company
Industry

About Honorés Holding Fredericia ApS

Honorés Holding Fredericia ApS (CVR number: 42891851) is a company from FREDERICIA. The company recorded a gross profit of 65.3 kDKK in 2024. The operating profit was 65.3 kDKK, while net earnings were 23 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 25.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 6.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Honorés Holding Fredericia ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit48.4064.0865.28
EBIT48.4064.0865.28
Net earnings16.8021.4722.97
Shareholders equity total56.8078.26101.24
Balance sheet total (assets)1 524.251 529.631 524.91
Net debt1 458.001 445.271 420.85
Profitability
EBIT-%
ROA3.2 %4.2 %4.3 %
ROE29.6 %31.8 %25.6 %
ROI3.2 %4.2 %4.3 %
Economic value added (EVA)37.7747.3747.48
Solvency
Equity ratio3.7 %5.1 %6.6 %
Gearing2575.3 %1854.4 %1406.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.0
Current ratio0.00.00.0
Cash and cash equivalents4.726.102.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:4.27%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.64%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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