FC HORSENS FOND — Credit Rating and Financial Key Figures

CVR number: 13771146
Ternevej 83, 8700 Horsens
tel: 75641385

Company information

Official name
FC HORSENS FOND
Personnel
1 person
Established
1989
Industry

About FC HORSENS FOND

FC HORSENS FOND (CVR number: 13771146) is a company from HORSENS. The company reported a net sales of 1.3 mDKK in 2023, demonstrating a growth of 17.4 % compared to the previous year. The operating profit percentage was at 32.4 % (EBIT: 0.4 mDKK), while net earnings were 346.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 43.1 %, 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. FC HORSENS FOND's liquidity measured by quick ratio was 8.9 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 231.191 263.961 372.431 103.721 296.19
Gross profit741.15534.65579.88434.63855.51
EBIT428.66169.27185.71-35.49420.43
Net earnings279.7199.57131.04-76.15346.17
Shareholders equity total3 563.793 665.143 796.183 720.034 066.20
Balance sheet total (assets)6 044.435 962.565 879.349 668.879 442.99
Net debt542.42292.76237.342 749.372 364.47
Profitability
EBIT-%34.8 %13.4 %13.5 %-3.2 %32.4 %
ROA7.1 %2.8 %3.1 %-0.5 %4.4 %
ROE8.2 %2.8 %3.5 %-2.0 %8.9 %
ROI7.4 %3.0 %3.3 %-0.6 %6.0 %
Economic value added (EVA)241.9039.6354.20- 137.31195.40
Solvency
Equity ratio59.0 %61.5 %64.6 %38.5 %43.1 %
Gearing18.0 %11.5 %10.1 %74.9 %61.7 %
Relative net indebtedness %158.7 %136.4 %107.6 %492.9 %365.7 %
Liquidity
Quick ratio0.20.40.47.88.9
Current ratio0.20.40.47.88.9
Cash and cash equivalents98.51129.19146.0835.39145.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-33.6 %-17.0 %-14.5 %319.8 %268.9 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.40%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.1%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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