FONDEN HORNBÆK KUNSTMUSEUM — Credit Rating and Financial Key Figures

CVR number: 18507080
Nordhavnsvej 1, 3000 Helsingør

Credit rating

Company information

Official name
FONDEN HORNBÆK KUNSTMUSEUM
Established
1999
Industry
  • Expand more icon91Libraries, archives, museums and other cultural activities

About FONDEN HORNBÆK KUNSTMUSEUM

FONDEN HORNBÆK KUNSTMUSEUM (CVR number: 18507080) is a company from HELSINGØR. The company recorded a gross profit of 184.4 kDKK in 2023. The operating profit was 99.4 kDKK, while net earnings were 122.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 90.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FONDEN HORNBÆK KUNSTMUSEUM's liquidity measured by quick ratio was 5.4 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
20192020202120222023
Volume
Net sales
Gross profit422.37422.16- 302.3334.00184.36
EBIT362.37382.16- 130.60- 137.7399.36
Net earnings276.60292.44- 175.34- 180.14122.20
Shareholders equity total8 644.438 936.888 761.548 581.408 703.60
Balance sheet total (assets)9 606.389 979.189 856.789 594.919 656.93
Net debt-1 161.65-1 540.27-1 194.56-1 242.00-1 370.39
Profitability
EBIT-%
ROA3.8 %3.9 %-1.3 %-1.4 %1.1 %
ROE3.3 %3.3 %-2.0 %-2.1 %1.4 %
ROI3.9 %4.0 %-1.4 %-1.5 %1.1 %
Economic value added (EVA)306.39341.33-99.96- 122.49173.66
Solvency
Equity ratio90.0 %89.6 %88.9 %89.4 %90.1 %
Gearing2.4 %2.5 %
Relative net indebtedness %
Liquidity
Quick ratio5.25.14.04.35.4
Current ratio5.25.14.04.35.4
Cash and cash equivalents1 161.651 540.271 194.561 444.911 591.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBA

Variable visualization

ROA:1.11%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.1%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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