H.M.N. HORSENS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About H.M.N. HORSENS A/S
H.M.N. HORSENS A/S (CVR number: 28098421) is a company from HORSENS. The company recorded a gross profit of -13.3 kDKK in 2025. The operating profit was -13.3 kDKK, while net earnings were -178.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -37.6 %, which can be considered poor and Return on Equity (ROE) was -50.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70 %, 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. H.M.N. HORSENS A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -30.96 | -12.11 | -7.34 | -7.82 | -13.27 |
| EBIT | -30.96 | - 162.11 | -7.34 | -74.82 | -13.27 |
| Net earnings | 650.41 | 427.54 | - 248.87 | - 290.63 | - 178.68 |
| Shareholders equity total | 9 757.69 | 10 185.23 | 9 936.36 | 445.73 | 267.06 |
| Balance sheet total (assets) | 11 783.58 | 11 711.02 | 9 946.36 | 558.39 | 381.66 |
| Net debt | 1 676.08 | 1 511.96 | -5.15 | - 267.01 | 16.04 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 6.2 % | 3.8 % | -1.9 % | -5.6 % | -37.6 % |
| ROE | 6.9 % | 4.3 % | -2.5 % | -5.6 % | -50.1 % |
| ROI | 6.2 % | 3.8 % | -1.9 % | -5.6 % | -38.4 % |
| Economic value added (EVA) | - 582.67 | - 718.07 | - 593.70 | - 557.66 | -37.91 |
| Solvency | |||||
| Equity ratio | 82.8 % | 87.0 % | 99.9 % | 79.8 % | 70.0 % |
| Gearing | 20.7 % | 14.9 % | 23.0 % | 39.2 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.2 | 0.0 | 911.0 | 3.3 | 0.8 |
| Current ratio | 0.2 | 0.0 | 911.0 | 3.3 | 0.8 |
| Cash and cash equivalents | 339.82 | 3.83 | 5.15 | 369.66 | 88.57 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | BBB | BB | BB |
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