HOLGER NIELSEN & SØN HORNUM ApS

CVR number: 84488410
Aggersundvej 103, Hvorvarp 9600 Aars
ulrik@aars.dk
tel: 98661382

Credit rating

Company information

Official name
HOLGER NIELSEN & SØN HORNUM ApS
Established
1978
Domicile
Hvorvarp
Company form
Private limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About HOLGER NIELSEN & SØN HORNUM ApS

HOLGER NIELSEN & SØN HORNUM ApS (CVR number: 84488410) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 28.4 kDKK in 2023. The operating profit was -15.6 kDKK, while net earnings were 298.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent but Return on Equity (ROE) was 15.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.4 %, 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. HOLGER NIELSEN & SØN HORNUM ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit96.7995.2375.1630.6028.44
EBIT52.7951.2331.16-13.40-15.56
Net earnings103.5177.13-23.49490.54298.52
Shareholders equity total1 261.101 338.221 314.731 805.272 103.79
Balance sheet total (assets)6 097.826 975.777 028.576 819.366 485.15
Net debt2 487.723 863.653 674.583 489.602 274.66
Profitability
EBIT-%
ROA4.3 %3.8 %1.4 %9.7 %5.4 %
ROE8.6 %5.9 %-1.8 %31.4 %15.3 %
ROI4.4 %3.9 %1.4 %10.0 %5.7 %
Economic value added (EVA)61.31104.1652.5329.267.88
Solvency
Equity ratio20.7 %19.2 %18.7 %26.5 %32.4 %
Gearing287.1 %326.0 %332.1 %195.6 %135.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.30.20.4
Current ratio0.30.30.30.20.4
Cash and cash equivalents1 132.76498.70692.1441.73578.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.42%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.4%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:26.142Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.