HØRNING ERHVERVSCENTER ApS — Credit Rating and Financial Key Figures

CVR number: 21789283
Stjærvej 41, Søballe 8660 Skanderborg
peter_nielsen95@hotmail.com

Company information

Official name
HØRNING ERHVERVSCENTER ApS
Established
1999
Domicile
Søballe
Company form
Private limited company
Industry

About HØRNING ERHVERVSCENTER ApS

HØRNING ERHVERVSCENTER ApS (CVR number: 21789283) is a company from SKANDERBORG. The company recorded a gross profit of 2270.5 kDKK in 2024. The operating profit was 4115.7 kDKK, while net earnings were 3397.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.3 %, which can be considered excellent and Return on Equity (ROE) was 42.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HØRNING ERHVERVSCENTER ApS's liquidity measured by quick ratio was 0.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 086.152 230.452 015.402 511.632 270.46
EBIT-38.862 226.451 838.012 729.634 115.66
Net earnings- 472.991 533.58995.861 670.083 397.88
Shareholders equity total2 154.603 688.184 684.046 354.139 752.00
Balance sheet total (assets)13 088.0325 491.5525 848.0326 375.6427 720.94
Net debt10 029.1519 904.8919 654.5018 265.4016 605.23
Profitability
EBIT-%
ROA-0.3 %11.5 %7.2 %10.5 %15.3 %
ROE-19.8 %52.5 %23.8 %30.3 %42.2 %
ROI-0.3 %11.9 %7.4 %10.8 %15.9 %
Economic value added (EVA)- 685.331 209.71334.141 076.092 503.91
Solvency
Equity ratio16.5 %14.5 %18.3 %24.3 %35.6 %
Gearing480.6 %551.5 %429.8 %296.0 %170.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.60.60.3
Current ratio0.10.00.50.50.3
Cash and cash equivalents326.19435.70477.69543.7533.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:15.3%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.6%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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