JÜRGEN HØRNING A/S — Credit Rating and Financial Key Figures

CVR number: 77958517
Håndværkerbyen 29, 2670 Greve
tel: 43906000

Company information

Official name
JÜRGEN HØRNING A/S
Personnel
4 persons
Established
1985
Company form
Limited company
Industry

About JÜRGEN HØRNING A/S

JÜRGEN HØRNING A/S (CVR number: 77958517) is a company from GREVE. The company recorded a gross profit of 6725.1 kDKK in 2023. The operating profit was 3303.5 kDKK, while net earnings were 2551.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 65.1 %, which can be considered excellent and Return on Equity (ROE) was 73.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.8 %, 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. JÜRGEN HØRNING A/S's liquidity measured by quick ratio was 3.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6 346.894 968.616 394.905 047.366 725.14
EBIT2 429.412 372.703 210.622 167.753 303.49
Net earnings1 874.621 812.902 480.891 704.832 551.12
Shareholders equity total2 895.402 708.313 389.203 094.033 845.15
Balance sheet total (assets)5 285.724 477.104 618.734 237.496 026.98
Net debt-2 864.02- 939.34-1 435.21-1 843.51-3 153.84
Profitability
EBIT-%
ROA49.5 %48.6 %70.6 %49.4 %65.1 %
ROE61.3 %64.7 %81.4 %52.6 %73.5 %
ROI68.0 %71.2 %104.3 %67.0 %95.7 %
Economic value added (EVA)1 817.831 824.722 411.601 604.182 458.46
Solvency
Equity ratio54.8 %60.5 %73.4 %73.0 %63.8 %
Gearing0.9 %
Relative net indebtedness %
Liquidity
Quick ratio3.12.97.25.13.6
Current ratio3.63.58.66.24.2
Cash and cash equivalents2 864.02964.551 435.211 843.513 153.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:65.1%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.8%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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