HORSENS TRAKTORCOMPAGNI HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 20137347
Nordrevej 6-8, 8700 Horsens
tel: 75640928

Credit rating

Company information

Official name
HORSENS TRAKTORCOMPAGNI HOLDING ApS
Established
1997
Company form
Private limited company
Industry

About HORSENS TRAKTORCOMPAGNI HOLDING ApS

HORSENS TRAKTORCOMPAGNI HOLDING ApS (CVR number: 20137347) is a company from HORSENS. The company recorded a gross profit of -15 kDKK in 2023. The operating profit was -15 kDKK, while net earnings were -870.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.1 %, which can be considered poor and Return on Equity (ROE) was -9.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HORSENS TRAKTORCOMPAGNI HOLDING ApS's liquidity measured by quick ratio was 403.7 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-23.36-20.41-21.45-13.87-15.03
EBIT-23.36-20.41-21.45-13.87-15.03
Net earnings- 302.82- 266.666 564.28-2 806.29- 870.26
Shareholders equity total6 000.065 733.3912 297.679 491.388 621.12
Balance sheet total (assets)6 238.685 770.1812 380.639 511.158 640.89
Net debt-2 089.82-2 327.13-2 612.032.507.53
Profitability
EBIT-%
ROA-3.6 %-4.2 %73.0 %-11.7 %-7.1 %
ROE-4.9 %-4.5 %72.8 %-25.8 %-9.6 %
ROI-3.7 %-4.2 %73.4 %-11.7 %-7.1 %
Economic value added (EVA)-23.42-20.77-32.44- 360.26- 426.64
Solvency
Equity ratio96.2 %99.4 %99.3 %99.8 %99.8 %
Gearing2.9 %0.2 %0.1 %0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio10.670.6115.7415.7403.7
Current ratio10.670.6115.7415.7403.7
Cash and cash equivalents2 266.422 336.912 621.807.272.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-7.14%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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