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

CVR number: 27969143
Centervej 1, 4180 Sorø
tel: 57870400

Company information

Official name
HØRKRAM HOLDING A/S
Established
2004
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales2 922.113 141.794 281.494 659.934 805.47
Gross profit581.97723.89914.541 003.54971.11
EBIT53.72179.00256.33308.83226.67
Net earnings35.91134.05192.91233.14161.84
Shareholders equity total901.461 035.551 228.461 461.601 623.43
Balance sheet total (assets)1 712.951 755.442 034.542 266.292 193.66
Net debt392.32102.68
Profitability
EBIT-%1.8 %5.7 %6.0 %6.6 %4.7 %
ROA3.0 %10.3 %13.5 %15.0 %10.6 %
ROE4.1 %13.8 %17.0 %17.3 %10.5 %
ROI3.3 %10.3 %13.5 %15.4 %11.4 %
Economic value added (EVA)-24.20133.70204.29179.3668.09
Solvency
Equity ratio100.0 %100.0 %100.0 %64.5 %74.0 %
Gearing44.2 %20.1 %
Relative net indebtedness %10.6 %6.0 %
Liquidity
Quick ratio1.31.5
Current ratio1.62.0
Cash and cash equivalents253.93223.87
Capital use efficiency
Trade debtors turnover (days)39.540.9
Net working capital %9.5 %11.1 %
Credit risk
Credit ratingBBBBBBBBBAAAA

Variable visualization

ROA:10.6%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.0%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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