STATIONSVEJ 2 HORSENS ApS — Credit Rating and Financial Key Figures

CVR number: 36465360
Stampemøllevej 15, 8700 Horsens

Credit rating

Company information

Official name
STATIONSVEJ 2 HORSENS ApS
Established
2014
Company form
Private limited company
Industry

About STATIONSVEJ 2 HORSENS ApS

STATIONSVEJ 2 HORSENS ApS (CVR number: 36465360) is a company from HORSENS. The company recorded a gross profit of 108.8 kDKK in 2023. The operating profit was 82.1 kDKK, while net earnings were 30 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 12.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 17.7 %, 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. STATIONSVEJ 2 HORSENS ApS's liquidity measured by quick ratio was 8.9 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 profit95.44104.3090.2883.95108.79
EBIT71.4480.3066.2857.2682.09
Net earnings18.4926.2616.509.4930.02
Shareholders equity total160.71192.87209.38218.86248.89
Balance sheet total (assets)1 384.651 395.311 394.791 351.771 408.42
Net debt1 119.361 064.901 032.191 017.20982.36
Profitability
EBIT-%
ROA5.1 %5.8 %4.8 %4.2 %6.0 %
ROE12.2 %14.9 %8.2 %4.4 %12.8 %
ROI5.1 %5.9 %4.9 %4.2 %6.0 %
Economic value added (EVA)40.0946.1533.9333.7647.05
Solvency
Equity ratio11.6 %13.8 %15.0 %16.2 %17.7 %
Gearing722.5 %591.8 %527.5 %490.3 %450.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.52.92.21.38.9
Current ratio1.52.92.21.38.9
Cash and cash equivalents41.8876.5472.2555.93139.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.95%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.7%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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