FONDEN HORNBÆK KUNSTMUSEUM — Credit Rating and Financial Key Figures

CVR number: 18507080
Nordhavnsvej 1, 3000 Helsingør

Company information

Official name
FONDEN HORNBÆK KUNSTMUSEUM
Established
1999
Industry

About FONDEN HORNBÆK KUNSTMUSEUM

FONDEN HORNBÆK KUNSTMUSEUM (CVR number: 18507080) is a company from HELSINGØR. The company recorded a gross profit of 244 kDKK in 2024. The operating profit was 1779 kDKK, while net earnings were 1448.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17 %, which can be considered excellent and Return on Equity (ROE) was 15.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.6 %, 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 6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit422.16- 302.3334.00184.36243.98
EBIT382.16- 130.60- 137.7399.361 778.98
Net earnings292.44- 175.34- 180.14122.201 448.18
Shareholders equity total8 936.888 761.548 581.408 703.6010 151.78
Balance sheet total (assets)9 979.189 856.789 594.919 656.9311 454.75
Net debt-1 540.27-1 194.56-1 242.00-1 370.39-1 556.95
Profitability
EBIT-%
ROA3.9 %-1.3 %-1.4 %1.1 %17.0 %
ROE3.3 %-2.0 %-2.1 %1.4 %15.4 %
ROI4.0 %-1.4 %-1.5 %1.1 %17.1 %
Economic value added (EVA)341.33-99.96- 122.49173.661 507.24
Solvency
Equity ratio89.6 %88.9 %89.4 %90.1 %88.6 %
Gearing2.4 %2.5 %2.0 %
Relative net indebtedness %
Liquidity
Quick ratio5.14.04.35.46.0
Current ratio5.14.04.35.46.0
Cash and cash equivalents1 540.271 194.561 444.911 591.931 757.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:17.0%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.6%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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