HORSLUND ApS — Credit Rating and Financial Key Figures

CVR number: 34605556
Sundsvej 12, 7430 Ikast

Credit rating

Company information

Official name
HORSLUND ApS
Personnel
19 persons
Established
2012
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About HORSLUND ApS

HORSLUND ApS (CVR number: 34605556) is a company from IKAST-BRANDE. The company recorded a gross profit of 8860.9 kDKK in 2023. The operating profit was 1600.5 kDKK, while net earnings were 1206.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34 %, which can be considered excellent and Return on Equity (ROE) was 52.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HORSLUND ApS's liquidity measured by quick ratio was 1.8 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit5 913.635 000.594 279.366 668.308 860.93
EBIT829.17631.39143.501 541.851 600.48
Net earnings558.18437.0043.971 145.641 206.11
Shareholders equity total1 525.921 462.921 106.892 252.532 358.64
Balance sheet total (assets)4 788.434 512.185 359.984 642.764 758.21
Net debt1 068.06489.201 033.10138.08- 709.19
Profitability
EBIT-%
ROA15.1 %13.6 %2.9 %30.8 %34.0 %
ROE35.0 %29.2 %3.4 %68.2 %52.3 %
ROI24.5 %24.4 %6.3 %62.1 %62.6 %
Economic value added (EVA)587.06421.3351.911 142.131 150.87
Solvency
Equity ratio31.9 %32.4 %20.7 %48.5 %49.6 %
Gearing80.6 %56.6 %93.3 %19.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.31.11.81.8
Current ratio1.21.31.11.81.8
Cash and cash equivalents162.26339.18300.05709.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBAA

Variable visualization

ROA:34.0%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.6%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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