HORSENS TAGDÆKNING & ISOLERING ApS — Credit Rating and Financial Key Figures

CVR number: 30360427
Møllesvinget 14, 8763 Rask Mølle

Credit rating

Company information

Official name
HORSENS TAGDÆKNING & ISOLERING ApS
Personnel
6 persons
Established
2007
Company form
Private limited company
Industry

About HORSENS TAGDÆKNING & ISOLERING ApS

HORSENS TAGDÆKNING & ISOLERING ApS (CVR number: 30360427) is a company from HEDENSTED. The company recorded a gross profit of 3582.7 kDKK in 2023. The operating profit was 610.2 kDKK, while net earnings were 472.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.7 %, which can be considered excellent and Return on Equity (ROE) was 35.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HORSENS TAGDÆKNING & ISOLERING ApS's liquidity measured by quick ratio was 1.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit953.412 364.272 961.553 477.573 582.75
EBIT314.531 199.351 873.611 710.89610.24
Net earnings242.26915.821 442.801 319.28472.87
Shareholders equity total475.041 390.861 933.661 752.94925.82
Balance sheet total (assets)1 176.623 085.533 422.433 730.842 900.00
Net debt- 499.77-2 104.07-1 834.62-1 519.57- 909.14
Profitability
EBIT-%
ROA24.0 %56.3 %57.6 %47.9 %18.7 %
ROE40.1 %98.2 %86.8 %71.6 %35.3 %
ROI39.4 %98.0 %88.6 %69.8 %29.6 %
Economic value added (EVA)241.95939.991 512.951 358.50495.45
Solvency
Equity ratio40.4 %45.1 %56.5 %47.0 %31.9 %
Gearing51.5 %22.7 %30.4 %35.5 %95.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.82.21.71.4
Current ratio1.71.82.21.81.4
Cash and cash equivalents744.262 419.242 421.572 141.891 792.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:18.7%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.9%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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