Ejendomsselskabet Horsnæs II A/S — Credit Rating and Financial Key Figures

CVR number: 43280546
Europaplads 2, 8000 Aarhus C

Credit rating

Company information

Official name
Ejendomsselskabet Horsnæs II A/S
Established
2022
Company form
Limited company
Industry

About Ejendomsselskabet Horsnæs II A/S

Ejendomsselskabet Horsnæs II A/S (CVR number: 43280546) is a company from AARHUS. The company recorded a gross profit of 634.1 kDKK in 2024. The operating profit was 234.1 kDKK, while net earnings were 425.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 94.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Ejendomsselskabet Horsnæs II A/S's liquidity measured by quick ratio was 0.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit67.68522.90634.14
EBIT618.8722.90234.14
Net earnings243.81- 405.90425.29
Shareholders equity total643.82237.91663.20
Balance sheet total (assets)17 602.0817 018.3016 657.37
Net debt13 267.5313 497.1415 354.45
Profitability
EBIT-%
ROA3.5 %0.1 %6.5 %
ROE37.9 %-92.1 %94.4 %
ROI4.3 %0.2 %7.3 %
Economic value added (EVA)431.34- 633.80- 457.14
Solvency
Equity ratio3.7 %1.4 %4.0 %
Gearing2103.1 %5673.2 %2344.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.50.8
Current ratio0.70.50.8
Cash and cash equivalents272.58192.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:6.49%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.98%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

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