FODBOLDALLIANCEN AC HORSENS A/S — Credit Rating and Financial Key Figures

CVR number: 89943728
Langmarksvej 61, 8700 Horsens
achorsens@achorsens.dk
tel: 75626241
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Company information

Official name
FODBOLDALLIANCEN AC HORSENS A/S
Personnel
111 persons
Established
1982
Company form
Limited company
Industry

About FODBOLDALLIANCEN AC HORSENS A/S

FODBOLDALLIANCEN AC HORSENS A/S (CVR number: 89943728) is a company from HORSENS. The company reported a net sales of 42.7 mDKK in 2023, demonstrating a growth of 14 % compared to the previous year. The operating profit percentage was at 13.7 % (EBIT: 5.9 mDKK), while net earnings were 3936.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good and Return on Equity (ROE) was 11.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 77.6 %, 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. FODBOLDALLIANCEN AC HORSENS A/S's liquidity measured by quick ratio was 4.3 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales43.6539.4438.6637.4342.68
Gross profit43.6539.4438.6623.1342.29
EBIT-3.786.603.75-8.345.85
Net earnings-3.926.493.71-6.463.94
Shareholders equity total16.2522.7426.4519.9949.83
Balance sheet total (assets)33.6443.6841.1433.7264.22
Net debt-11.60-34.95
Profitability
EBIT-%-8.7 %16.7 %9.7 %-22.3 %13.7 %
ROA-10.3 %17.1 %8.8 %-22.2 %12.2 %
ROE-21.5 %33.3 %15.1 %-27.8 %11.3 %
ROI-13.9 %17.1 %8.8 %-26.5 %16.6 %
Economic value added (EVA)-4.415.782.60-7.703.53
Solvency
Equity ratio100.0 %100.0 %100.0 %59.3 %77.6 %
Gearing7.3 %2.1 %
Relative net indebtedness %1.8 %-50.6 %
Liquidity
Quick ratio2.24.3
Current ratio2.24.3
Cash and cash equivalents13.0636.00
Capital use efficiency
Trade debtors turnover (days)94.8170.9
Net working capital %38.7 %103.0 %
Credit risk
Credit ratingBBBBBBBBBBBBAA

Variable visualization

ROA:12.2%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.6%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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