HORMOLIN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 24228509
Yderholmen 5, 2750 Ballerup
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Credit rating

Company information

Official name
HORMOLIN HOLDING ApS
Established
1999
Company form
Private limited company
Industry

About HORMOLIN HOLDING ApS

HORMOLIN HOLDING ApS (CVR number: 24228509) is a company from BALLERUP. The company recorded a gross profit of -18.2 kDKK in 2024. The operating profit was -18.2 kDKK, while net earnings were 40.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good but Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 85.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HORMOLIN HOLDING ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit-12.50-12.50-12.50-8.17-18.23
EBIT-12.50-12.50-12.50-8.17-18.23
Net earnings99.3878.3626.2248.1740.15
Shareholders equity total2 109.822 188.182 214.402 262.572 302.72
Balance sheet total (assets)2 295.842 380.092 472.322 590.712 695.47
Net debt-4.37-3.3471.4870.8473.90
Profitability
EBIT-%
ROA8.5 %12.9 %3.3 %11.6 %11.0 %
ROE4.8 %3.6 %1.2 %2.2 %1.8 %
ROI7.0 %6.1 %11.9 %4.1 %3.6 %
Economic value added (EVA)- 110.24- 113.75- 118.83- 120.78- 130.50
Solvency
Equity ratio91.9 %91.9 %89.6 %87.3 %85.4 %
Gearing3.3 %3.4 %3.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.10.1
Current ratio0.00.00.00.10.1
Cash and cash equivalents4.373.342.335.925.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:11.0%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.4%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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