BILFORUM HORSENS A/S — Credit Rating and Financial Key Figures

CVR number: 63796514
Silkeborgvej 2, 8700 Horsens
info@bilforum-horsens.dk

Company information

Official name
BILFORUM HORSENS A/S
Personnel
1 person
Established
1981
Company form
Limited company
Industry

About BILFORUM HORSENS A/S

BILFORUM HORSENS A/S (CVR number: 63796514) is a company from HORSENS. The company recorded a gross profit of 257.5 kDKK in 2023. The operating profit was 231.2 kDKK, while net earnings were 190.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 78.1 %, 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. BILFORUM HORSENS 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 profit531.93724.44766.06619.13257.46
EBIT463.18696.39742.47594.20231.18
Net earnings359.39535.24567.29452.28190.20
Shareholders equity total10 310.9010 846.1411 413.4211 865.7012 055.90
Balance sheet total (assets)13 843.0214 372.1614 937.2215 239.3215 440.23
Net debt1 326.55596.92337.92- 156.65- 305.01
Profitability
EBIT-%
ROA3.4 %4.9 %5.1 %3.9 %1.6 %
ROE3.5 %5.1 %5.1 %3.9 %1.6 %
ROI3.5 %5.0 %5.2 %4.0 %1.6 %
Economic value added (EVA)- 111.1032.6379.16-53.70- 333.76
Solvency
Equity ratio74.5 %75.5 %76.4 %77.9 %78.1 %
Gearing14.5 %13.8 %13.1 %12.6 %12.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.73.03.53.6
Current ratio2.42.73.03.53.6
Cash and cash equivalents173.45903.081 162.081 656.651 805.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:1.60%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.1%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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