Heine Horsevad Holding ApS — Credit Rating and Financial Key Figures

CVR number: 39526948
Bernhard Bangs Alle 20, 2000 Frederiksberg

Company information

Official name
Heine Horsevad Holding ApS
Established
2018
Company form
Private limited company
Industry

About Heine Horsevad Holding ApS

Heine Horsevad Holding ApS (CVR number: 39526948) is a company from FREDERIKSBERG. The company recorded a gross profit of -12.9 kDKK in 2023. The operating profit was -12.9 kDKK, while net earnings were 382.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.2 %, which can be considered good and Return on Equity (ROE) was 14.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Heine Horsevad Holding ApS's liquidity measured by quick ratio was 177.2 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 profit-6.44-9.04-14.98-11.35-12.93
EBIT-6.44-9.04-14.98-11.35-12.93
Net earnings1 427.992 238.85349.10-1 363.47382.59
Shareholders equity total2 341.534 077.384 011.482 511.012 834.70
Balance sheet total (assets)2 353.144 237.744 099.162 529.012 849.54
Net debt- 230.39-2 062.71-2 449.77-1 359.03-2 003.07
Profitability
EBIT-%
ROA70.9 %70.2 %28.4 %9.0 %14.2 %
ROE71.1 %69.8 %8.6 %-41.8 %14.3 %
ROI71.0 %71.1 %29.0 %9.2 %14.3 %
Economic value added (EVA)-90.63- 125.09- 224.05- 213.32- 139.50
Solvency
Equity ratio99.5 %96.2 %97.9 %99.3 %99.5 %
Gearing0.3 %2.0 %0.2 %0.3 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio20.413.428.6107.0177.2
Current ratio20.413.428.6107.0177.2
Cash and cash equivalents237.002 145.912 457.621 366.882 010.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBA

Variable visualization

ROA:14.2%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 92/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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