HØRNING GRUNDE ApS — Credit Rating and Financial Key Figures

CVR number: 28326270
Agerskovvej 7, 8362 Hørning

Company information

Official name
HØRNING GRUNDE ApS
Personnel
1 person
Established
2005
Company form
Private limited company
Industry

About HØRNING GRUNDE ApS

HØRNING GRUNDE ApS (CVR number: 28326270) is a company from SKANDERBORG. The company recorded a gross profit of 555.4 kDKK in 2024. The operating profit was 385.5 kDKK, while net earnings were 42.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -8.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HØRNING GRUNDE 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit5 477.38- 435.0184.162 672.39555.44
EBIT3 567.74-1 577.06-1 058.842 519.78385.54
Net earnings2 434.08-1 401.28- 971.871 533.7242.40
Shareholders equity total-1 266.01-2 667.29-3 639.16-2 105.45-2 063.04
Balance sheet total (assets)6 294.673 806.484 709.1311 714.9022 375.89
Net debt3 282.402 590.436 106.825 987.4916 318.84
Profitability
EBIT-%
ROA25.3 %-22.0 %-13.8 %23.0 %2.1 %
ROE21.0 %-27.7 %-22.8 %18.7 %0.2 %
ROI30.2 %-30.3 %-18.5 %42.2 %3.6 %
Economic value added (EVA)2 042.33-1 430.77- 943.501 841.00105.73
Solvency
Equity ratio-16.7 %-41.2 %-43.6 %-15.2 %-8.4 %
Gearing-413.3 %-186.0 %-167.8 %-284.4 %-791.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.52.30.60.90.7
Current ratio2.52.31.41.01.3
Cash and cash equivalents1 950.172 369.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBCBBBBB

Variable visualization

ROA:2.09%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-8.44%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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