HØRST DESIGN ApS — Credit Rating and Financial Key Figures

CVR number: 56845518
Skæring Hedevej 189, 8250 Egå
info@horstgrafisk.dk
tel: 40434242

Credit rating

Company information

Official name
HØRST DESIGN ApS
Personnel
1 person
Established
1976
Company form
Private limited company
Industry

About HØRST DESIGN ApS

HØRST DESIGN ApS (CVR number: 56845518) is a company from AARHUS. The company recorded a gross profit of -41.7 kDKK in 2023. The operating profit was -350.8 kDKK, while net earnings were 112.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HØRST DESIGN ApS's liquidity measured by quick ratio was 337.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-75.57-89.53-70.60-65.92-41.70
EBIT- 321.19- 375.13- 307.90- 311.10- 350.84
Net earnings- 748.481 517.09- 953.644 265.68112.20
Shareholders equity total21 046.7122 313.8120 703.6724 412.1519 524.35
Balance sheet total (assets)21 091.0422 532.0720 766.4125 330.8619 591.31
Net debt-20 254.73-22 024.29-20 465.82-25 068.91-19 359.54
Profitability
EBIT-%
ROA3.5 %9.6 %2.2 %22.8 %1.1 %
ROE-3.4 %7.0 %-4.4 %18.9 %0.5 %
ROI3.6 %9.7 %2.2 %23.3 %1.1 %
Economic value added (EVA)- 273.40- 334.65- 337.70- 266.58- 245.18
Solvency
Equity ratio99.8 %99.0 %99.7 %96.4 %99.7 %
Gearing0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio473.7267.9331.0463.8337.5
Current ratio473.7267.9331.0463.8337.5
Cash and cash equivalents20 256.6422 026.2020 466.7925 068.9119 359.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:1.06%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 95/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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