HØRKRAM HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HØRKRAM HOLDING A/S
HØRKRAM HOLDING A/S (CVR number: 27969143K) is a company from SORØ. The company reported a net sales of 4805.5 mDKK in 2024, demonstrating a growth of 3.1 % compared to the previous year. The operating profit percentage was at 4.7 % (EBIT: 226.7 mDKK), while net earnings were 161.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good and Return on Equity (ROE) was 10.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 74 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HØRKRAM HOLDING A/S's liquidity measured by quick ratio was 1.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 922.11 | 3 141.79 | 4 281.49 | 4 659.93 | 4 805.47 |
Gross profit | 581.97 | 723.89 | 914.54 | 1 003.54 | 971.11 |
EBIT | 53.72 | 179.00 | 256.33 | 308.83 | 226.67 |
Net earnings | 35.91 | 134.05 | 192.91 | 233.14 | 161.84 |
Shareholders equity total | 901.46 | 1 035.55 | 1 228.46 | 1 461.60 | 1 623.43 |
Balance sheet total (assets) | 1 712.95 | 1 755.44 | 2 034.54 | 2 266.29 | 2 193.66 |
Net debt | 392.32 | 102.68 | |||
Profitability | |||||
EBIT-% | 1.8 % | 5.7 % | 6.0 % | 6.6 % | 4.7 % |
ROA | 3.0 % | 10.3 % | 13.5 % | 15.0 % | 10.6 % |
ROE | 4.1 % | 13.8 % | 17.0 % | 17.3 % | 10.5 % |
ROI | 3.3 % | 10.3 % | 13.5 % | 15.4 % | 11.4 % |
Economic value added (EVA) | -24.20 | 133.70 | 204.29 | 179.36 | 68.09 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 64.5 % | 74.0 % |
Gearing | 44.2 % | 20.1 % | |||
Relative net indebtedness % | 10.6 % | 6.0 % | |||
Liquidity | |||||
Quick ratio | 1.3 | 1.5 | |||
Current ratio | 1.6 | 2.0 | |||
Cash and cash equivalents | 253.93 | 223.87 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 39.5 | 40.9 | |||
Net working capital % | 9.5 % | 11.1 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AA |
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