HORNEKS ApS — Credit Rating and Financial Key Figures

HORNEKS ApS (CVR number: 28154216) is a company from FREDERIKSHAVN. The company recorded a gross profit of 7127 kDKK in 2016. The operating profit was 2121.1 kDKK, while net earnings were 1454.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 668.6 %, which can be considered excellent and Return on Equity (ROE) was 572.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.6 %, 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. HORNEKS ApS's liquidity measured by quick ratio was 4.1 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.