HØRNING PARKET A/S — Credit Rating and Financial Key Figures

CVR number: 33965362
Christiansmindevej 12, 8660 Skanderborg
salg@horningfloor.dk
tel: 70276600
www.horningfloor.dk

Company information

Official name
HØRNING PARKET A/S
Personnel
24 persons
Established
2011
Company form
Limited company
Industry

About HØRNING PARKET A/S

HØRNING PARKET A/S (CVR number: 33965362) is a company from SKANDERBORG. The company recorded a gross profit of 17.8 mDKK in 2024. The operating profit was 2038.2 kDKK, while net earnings were 1114.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good and Return on Equity (ROE) was 12.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 42.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HØRNING PARKET A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit15 232.2520 244.1123 288.6416 427.1817 810.21
EBIT319.077 334.408 335.992 094.742 038.15
Net earnings30.136 258.336 338.681 178.581 114.92
Shareholders equity total5 388.119 146.4411 485.128 663.709 778.62
Balance sheet total (assets)19 418.2424 592.4726 188.4721 800.6823 570.87
Net debt3 219.85- 522.924 681.536 669.055 149.80
Profitability
EBIT-%
ROA1.5 %37.0 %33.9 %8.8 %9.1 %
ROE0.4 %86.1 %61.4 %11.7 %12.1 %
ROI1.9 %53.3 %54.7 %12.8 %12.7 %
Economic value added (EVA)-81.015 528.476 328.601 072.671 208.38
Solvency
Equity ratio28.1 %38.6 %49.8 %39.9 %42.6 %
Gearing94.2 %58.1 %42.1 %86.7 %62.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.90.50.50.6
Current ratio1.91.51.61.51.6
Cash and cash equivalents1 855.115 840.98149.61841.69951.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:9.10%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.6%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Board member
Chairman of the board
Board member

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