Ejendomsselskabet Hornelandevej 24 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ejendomsselskabet Hornelandevej 24 ApS
Ejendomsselskabet Hornelandevej 24 ApS (CVR number: 40989706) is a company from FAABORG-MIDTFYN. The company reported a net sales of 0.1 mDKK in 2024, demonstrating a decline of -22.5 % compared to the previous year. The operating profit percentage was at 123.4 % (EBIT: 0.2 mDKK), while net earnings were 185.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.9 %, which can be considered excellent and Return on Equity (ROE) was 34.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76 %, 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. Ejendomsselskabet Hornelandevej 24 ApS's liquidity measured by quick ratio was 4.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 213.00 | 216.00 | 174.25 | 135.00 | |
Gross profit | 180.42 | 182.07 | 184.91 | 143.66 | 166.61 |
EBIT | 156.92 | 158.57 | 161.41 | 120.16 | 166.61 |
Net earnings | 104.57 | 103.18 | 104.97 | 93.05 | 185.79 |
Shareholders equity total | 149.71 | 252.89 | 357.86 | 450.91 | 636.70 |
Balance sheet total (assets) | 863.09 | 978.20 | 749.76 | 686.10 | 837.47 |
Net debt | - 134.77 | - 273.58 | -67.85 | -29.26 | -72.95 |
Profitability | |||||
EBIT-% | 74.4 % | 74.7 % | 69.0 % | 123.4 % | |
ROA | 18.2 % | 17.2 % | 18.7 % | 16.8 % | 21.9 % |
ROE | 69.8 % | 51.3 % | 34.4 % | 23.0 % | 34.2 % |
ROI | 104.8 % | 78.8 % | 52.9 % | 29.8 % | 30.7 % |
Economic value added (EVA) | 122.37 | 115.82 | 112.86 | 75.52 | 106.37 |
Solvency | |||||
Equity ratio | 17.3 % | 25.9 % | 47.7 % | 65.7 % | 76.0 % |
Gearing | |||||
Relative net indebtedness % | 212.1 % | 150.0 % | 118.2 % | 94.7 % | |
Liquidity | |||||
Quick ratio | 0.2 | 0.4 | 0.2 | 0.2 | 4.2 |
Current ratio | 0.2 | 0.4 | 0.2 | 0.2 | 4.2 |
Cash and cash equivalents | 134.77 | 273.58 | 67.85 | 29.26 | 72.95 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -205.6 % | -143.3 % | -110.7 % | 471.6 % | |
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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