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

CVR number: 29421544
Fladbrovej 21, 8920 Randers NV
tel: 86420928
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Company information

Official name
HORNBÆK BAGERI, RANDERS ApS
Personnel
70 persons
Established
2006
Company form
Private limited company
Industry

About HORNBÆK BAGERI, RANDERS ApS

HORNBÆK BAGERI, RANDERS ApS (CVR number: 29421544) is a company from RANDERS. The company recorded a gross profit of 16.1 mDKK in 2024. The operating profit was 2371.2 kDKK, while net earnings were 1653.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.6 %, which can be considered good but Return on Equity (ROE) was 20.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52 %, 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 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit11 890.1112 757.2111 781.4114 371.8516 063.47
EBIT1 455.051 695.14410.011 744.332 371.24
Net earnings1 028.431 261.54230.311 121.971 653.31
Shareholders equity total5 062.816 174.356 254.667 376.638 929.93
Balance sheet total (assets)10 135.719 879.4816 024.2515 822.7017 174.69
Net debt153.70734.116 787.205 936.774 369.40
Profitability
EBIT-%
ROA16.5 %17.1 %3.3 %11.0 %14.6 %
ROE22.6 %22.5 %3.7 %16.5 %20.3 %
ROI22.6 %23.5 %3.9 %12.5 %16.5 %
Economic value added (EVA)825.99998.667.69653.091 136.58
Solvency
Equity ratio50.0 %62.5 %39.0 %46.6 %52.0 %
Gearing33.6 %22.5 %121.6 %86.2 %63.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.50.50.61.0
Current ratio1.41.80.70.91.3
Cash and cash equivalents1 549.64657.88820.68421.881 294.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:14.6%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.0%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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