HORNE ADVICE ApS — Credit Rating and Financial Key Figures

CVR number: 33241291
Solbakkevej 6, 4180 Sorø
horneadvice@gmail.com
tel: 40333083

Credit rating

Company information

Official name
HORNE ADVICE ApS
Personnel
1 person
Established
2010
Company form
Private limited company
Industry

About HORNE ADVICE ApS

HORNE ADVICE ApS (CVR number: 33241291) is a company from SORØ. The company recorded a gross profit of 1554.3 kDKK in 2024. The operating profit was 849 kDKK, while net earnings were 850.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 64.1 %, which can be considered excellent and Return on Equity (ROE) was 76.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HORNE ADVICE ApS's liquidity measured by quick ratio was 2.5 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 profit100.80103.671 076.671 282.941 554.28
EBIT23.6119.28508.75550.54848.96
Net earnings17.7913.57312.23589.96850.15
Shareholders equity total48.3661.93374.17764.131 464.28
Balance sheet total (assets)88.5688.40666.501 202.322 206.99
Net debt-51.00-67.03- 462.26- 984.38-1 258.50
Profitability
EBIT-%
ROA33.1 %21.8 %134.8 %81.1 %64.1 %
ROE45.1 %24.6 %143.2 %103.7 %76.3 %
ROI50.5 %32.9 %232.9 %129.4 %87.6 %
Economic value added (EVA)16.0611.10390.30410.25621.45
Solvency
Equity ratio54.6 %70.1 %56.1 %63.6 %66.3 %
Gearing12.2 %1.4 %4.3 %15.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.13.22.32.72.5
Current ratio2.13.22.32.72.5
Cash and cash equivalents56.9167.87462.261 017.291 491.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:64.1%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.3%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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