HORNBÆK BAGERI, RANDERS ApS — Credit Rating and Financial Key Figures

HORNBÆK BAGERI, RANDERS ApS (CVR number: 29421544) is a company from RANDERS. The company recorded a gross profit of 14.4 mDKK in 2023. The operating profit was 1744.3 kDKK, while net earnings were 1122 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good but Return on Equity (ROE) was 16.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.6 %, 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. HORNBÆK BAGERI, RANDERS ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.