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DEN BORGERLIGE STIFTELSE I HORSENS — Credit Rating and Financial Key Figures

CVR number: 15393416
Holmboes Alle 8, 8700 Horsens
Free credit report Annual report

Company information

Official name
DEN BORGERLIGE STIFTELSE I HORSENS
Established
1970
Industry

About DEN BORGERLIGE STIFTELSE I HORSENS

DEN BORGERLIGE STIFTELSE I HORSENS (CVR number: 15393416) is a company from HORSENS. The company reported a net sales of 0.8 mDKK in 2025, demonstrating a growth of 1.4 % compared to the previous year. The operating profit percentage was at 38.9 % (EBIT: 0.3 mDKK), while net earnings were 119.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 12.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 15.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. DEN BORGERLIGE STIFTELSE I HORSENS's liquidity measured by quick ratio was 5.7 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales718.67717.65747.92761.85772.34
Gross profit385.86280.98173.55422.88416.14
EBIT272.26166.8757.35307.20300.46
Net earnings18.7026.67-64.75128.03119.29
Shareholders equity total775.88802.55737.80865.83985.11
Balance sheet total (assets)6 161.446 116.266 000.646 117.266 230.11
Net debt4 256.454 247.224 217.523 978.183 719.83
Profitability
EBIT-%37.9 %23.3 %7.7 %40.3 %38.9 %
ROA4.4 %2.7 %1.2 %5.4 %5.1 %
ROE2.4 %3.4 %-8.4 %16.0 %12.9 %
ROI4.6 %2.8 %1.3 %5.7 %5.4 %
Economic value added (EVA)-98.02- 173.34- 216.63-86.51- 100.87
Solvency
Equity ratio12.6 %13.1 %12.3 %14.2 %15.8 %
Gearing648.5 %621.4 %671.3 %568.3 %495.9 %
Relative net indebtedness %641.6 %637.4 %605.4 %565.6 %528.2 %
Liquidity
Quick ratio3.53.94.75.65.7
Current ratio3.53.94.75.65.7
Cash and cash equivalents774.87739.60735.30942.681 165.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %76.7 %76.6 %77.9 %104.7 %128.4 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.08%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:15.8%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
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Roles

Chairman of the board
Board member

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