Hørup Murerforretning ApS — Credit Rating and Financial Key Figures

CVR number: 38795260
Kallehave 20, Hørup 6470 Sydals

Credit rating

Company information

Official name
Hørup Murerforretning ApS
Personnel
10 persons
Established
2017
Domicile
Hørup
Company form
Private limited company
Industry

About Hørup Murerforretning ApS

Hørup Murerforretning ApS (CVR number: 38795260) is a company from SØNDERBORG. The company recorded a gross profit of 5917.8 kDKK in 2023. The operating profit was -530.6 kDKK, while net earnings were -599.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.2 %, which can be considered poor and Return on Equity (ROE) was -89.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 8.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Hørup Murerforretning ApS's liquidity measured by quick ratio was 0.7 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 692.004 595.004 963.004 406.005 917.82
EBIT- 133.00150.00298.00301.00- 530.56
Net earnings- 224.004.00147.00154.00- 599.13
Shareholders equity total663.00666.00814.00967.00367.97
Balance sheet total (assets)4 066.004 963.005 515.004 326.004 403.24
Net debt1 679.001 655.001 393.001 012.001 719.29
Profitability
EBIT-%
ROA-3.1 %3.3 %5.7 %6.1 %-12.2 %
ROE-28.9 %0.6 %19.9 %17.3 %-89.8 %
ROI-4.3 %5.3 %11.1 %12.6 %-23.8 %
Economic value added (EVA)- 177.2032.78155.70151.69- 511.23
Solvency
Equity ratio16.3 %13.4 %14.8 %22.4 %8.4 %
Gearing255.4 %248.5 %171.1 %104.7 %467.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.50.70.70.7
Current ratio0.30.60.80.70.7
Cash and cash equivalents14.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-12.2%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.36%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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