Houco Ceramics ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Houco Ceramics ApS
Houco Ceramics ApS (CVR number: 38730762) is a company from STEVNS. The company recorded a gross profit of 581.4 kDKK in 2024. The operating profit was -53.7 kDKK, while net earnings were -33.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.2 %, which can be considered poor and Return on Equity (ROE) was -2.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.2 %, 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. Houco Ceramics ApS's liquidity measured by quick ratio was 3.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 563.96 | 527.33 | 728.00 | 652.79 | 581.38 |
EBIT | 266.29 | 262.92 | 447.26 | 243.38 | -53.73 |
Net earnings | 187.70 | 189.17 | 324.86 | 175.67 | -33.08 |
Shareholders equity total | 498.01 | 687.19 | 1 012.04 | 1 187.71 | 1 154.63 |
Balance sheet total (assets) | 961.04 | 1 426.91 | 1 852.67 | 1 907.07 | 1 476.41 |
Net debt | - 527.21 | - 300.01 | - 507.65 | - 786.04 | - 317.09 |
Profitability | |||||
EBIT-% | |||||
ROA | 23.2 % | 22.0 % | 27.3 % | 12.9 % | -3.2 % |
ROE | 28.7 % | 31.9 % | 38.2 % | 16.0 % | -2.8 % |
ROI | 27.7 % | 29.3 % | 39.7 % | 17.4 % | -3.9 % |
Economic value added (EVA) | 224.55 | 220.24 | 342.58 | 175.47 | -52.24 |
Solvency | |||||
Equity ratio | 51.8 % | 48.2 % | 54.6 % | 62.3 % | 78.2 % |
Gearing | 61.3 % | 43.7 % | 24.4 % | 28.5 % | 7.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 1.5 | 1.9 | 2.2 | 3.2 |
Current ratio | 2.1 | 1.9 | 2.2 | 2.7 | 4.6 |
Cash and cash equivalents | 832.56 | 600.38 | 754.08 | 1 124.86 | 399.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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