HORN BORDPLADER A/S — Credit Rating and Financial Key Figures

HORN BORDPLADER A/S (CVR number: 25798902) is a company from HERNING. The company recorded a gross profit of 43.3 mDKK in 2023. The operating profit was -13.4 mDKK, while net earnings were -12.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -15.7 %, which can be considered poor and Return on Equity (ROE) was -53.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33 %, 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. HORN BORDPLADER A/S'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.