HØRKRAM HOLDING A/S — Credit Rating and Financial Key Figures

HØRKRAM HOLDING A/S (CVR number: 27969143K) is a company from SORØ. The company reported a net sales of 4659.9 mDKK in 2023, demonstrating a growth of 8.8 % compared to the previous year. The operating profit percentage was at 6.6 % (EBIT: 308.8 mDKK), while net earnings were 233.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15 %, which can be considered excellent and Return on Equity (ROE) was 17.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.5 %, 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 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.