HORNSYLD KORN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HORNSYLD KORN A/S
HORNSYLD KORN A/S (CVR number: 46596315) is a company from HEDENSTED. The company recorded a gross profit of -582.1 kDKK in 2023. The operating profit was -582.1 kDKK, while net earnings were 33.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good and Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 75.4 %, 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. HORNSYLD KORN A/S's liquidity measured by quick ratio was 0.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 126.10 | - 551.25 | -1 094.25 | -1 338.32 | - 582.11 |
EBIT | - 251.09 | - 551.25 | -1 094.25 | -1 338.32 | - 582.11 |
Net earnings | 26 878.38 | 24 618.73 | 34 629.82 | 45 022.38 | 33 166.58 |
Shareholders equity total | 172 563.79 | 162 351.17 | 196 996.18 | 244 248.38 | 254 044.85 |
Balance sheet total (assets) | 266 538.22 | 232 490.92 | 264 738.52 | 310 386.74 | 336 759.70 |
Net debt | 80 174.10 | 57 662.08 | 54 275.47 | 53 329.03 | 71 786.83 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.0 % | 10.2 % | 14.2 % | 15.9 % | 10.8 % |
ROE | 14.6 % | 14.7 % | 19.3 % | 20.4 % | 13.3 % |
ROI | 11.8 % | 10.7 % | 14.9 % | 16.7 % | 11.2 % |
Economic value added (EVA) | -11 026.99 | -13 131.73 | -11 832.58 | -13 760.01 | -15 425.16 |
Solvency | |||||
Equity ratio | 64.7 % | 69.8 % | 74.4 % | 78.7 % | 75.4 % |
Gearing | 46.5 % | 35.5 % | 27.6 % | 21.8 % | 28.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.1 | 0.1 | 0.6 | 0.5 |
Current ratio | 0.3 | 0.1 | 0.1 | 0.6 | 0.5 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.