HØRUP MASKINER A/S — Credit Rating and Financial Key Figures

HØRUP MASKINER A/S (CVR number: 27198805) is a company from VEJLE. The company recorded a gross profit of 27.5 mDKK in 2023. The operating profit was 15.4 mDKK, while net earnings were 11.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 37.2 %, which can be considered excellent and Return on Equity (ROE) was 63.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HØRUP MASKINER A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.