HØRNING INSTALLATION ApS — Credit Rating and Financial Key Figures

CVR number: 28135246
Agerskovvej 15, 8362 Hørning
tel: 86923656

Company information

Official name
HØRNING INSTALLATION ApS
Personnel
27 persons
Established
2004
Company form
Private limited company
Industry

About HØRNING INSTALLATION ApS

HØRNING INSTALLATION ApS (CVR number: 28135246) is a company from SKANDERBORG. The company recorded a gross profit of 15.8 mDKK in 2024. The operating profit was 3390.2 kDKK, while net earnings were 2634.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.2 %, which can be considered excellent and Return on Equity (ROE) was 75.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HØRNING INSTALLATION ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit15 498.4816 514.7316 575.1415 007.0815 807.87
EBIT3 626.573 311.583 702.892 897.583 390.18
Net earnings2 750.832 494.102 830.702 224.102 634.10
Shareholders equity total3 527.563 521.663 852.363 276.463 710.56
Balance sheet total (assets)12 234.9010 644.7311 319.2110 299.769 174.60
Net debt743.97463.31- 701.30- 314.54-2 459.76
Profitability
EBIT-%
ROA31.5 %28.9 %33.8 %26.9 %35.2 %
ROE92.4 %70.8 %76.8 %62.4 %75.4 %
ROI49.6 %44.8 %52.3 %45.3 %58.4 %
Economic value added (EVA)2 813.932 566.692 854.832 250.812 614.04
Solvency
Equity ratio29.1 %33.7 %34.4 %32.3 %40.9 %
Gearing112.1 %97.1 %77.4 %72.8 %56.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.11.21.11.3
Current ratio1.21.21.31.31.5
Cash and cash equivalents3 209.652 954.503 682.582 699.564 547.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:35.2%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.9%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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