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HORNBECH HOLDING ApS AF 17/9 2008 — Credit Rating and Financial Key Figures
Credit rating
Company information
About HORNBECH HOLDING ApS AF 17/9 2008
HORNBECH HOLDING ApS AF 17/9 2008 (CVR number: 30523342) is a company from HVIDOVRE. The company recorded a gross profit of 425.6 kDKK in 2024. The operating profit was 387.3 kDKK, while net earnings were -786.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent but Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 92.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HORNBECH HOLDING ApS AF 17/9 2008's liquidity measured by quick ratio was 8.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 219.28 | 404.22 | 346.92 | 308.27 | 425.56 |
| EBIT | 160.78 | 341.04 | 279.06 | 249.11 | 387.28 |
| Net earnings | 1 709.91 | 149.88 | 1 544.02 | 2 359.80 | - 786.60 |
| Shareholders equity total | 21 689.45 | 21 782.83 | 23 326.85 | 25 686.65 | 24 900.05 |
| Balance sheet total (assets) | 24 915.74 | 24 582.62 | 25 920.89 | 28 444.65 | 26 998.35 |
| Net debt | -6 801.34 | -8 879.78 | -6 498.33 | -2 253.59 | -2 304.37 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 9.7 % | 3.6 % | 8.5 % | 11.4 % | 4.5 % |
| ROE | 8.2 % | 0.7 % | 6.8 % | 9.6 % | -3.1 % |
| ROI | 9.9 % | 3.6 % | 8.6 % | 11.7 % | 4.5 % |
| Economic value added (EVA) | -1 009.96 | - 952.98 | -1 005.30 | -1 078.73 | -1 000.33 |
| Solvency | |||||
| Equity ratio | 87.1 % | 88.6 % | 90.0 % | 90.3 % | 92.2 % |
| Gearing | 9.0 % | 8.9 % | 5.9 % | 5.1 % | 4.9 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 6.5 | 11.0 | 9.7 | 3.5 | 8.6 |
| Current ratio | 6.5 | 11.0 | 9.7 | 3.5 | 8.6 |
| Cash and cash equivalents | 8 743.79 | 10 810.56 | 7 879.18 | 3 556.96 | 3 535.14 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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