JÜRGEN HØRNING HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 21141038
Håndværkerbyen 29, 2670 Greve

Credit rating

Company information

Official name
JÜRGEN HØRNING HOLDING ApS
Established
1998
Company form
Private limited company
Industry

About JÜRGEN HØRNING HOLDING ApS

JÜRGEN HØRNING HOLDING ApS (CVR number: 21141038) is a company from GREVE. The company recorded a gross profit of 269.8 kDKK in 2023. The operating profit was 221.1 kDKK, while net earnings were 948.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent but Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. JÜRGEN HØRNING HOLDING ApS's liquidity measured by quick ratio was 0.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit245.75142.88205.19166.23269.83
EBIT150.3994.27156.57117.62221.08
Net earnings327.765 034.97-2 310.18442.67948.09
Shareholders equity total40 764.9230 039.2927 729.12-2 263.36-1 315.27
Balance sheet total (assets)40 819.4131 449.6527 790.2729 381.7931 349.55
Net debt-36 698.17-27 447.40-22 869.20-24 516.23-26 518.76
Profitability
EBIT-%
ROA4.2 %3.0 %7.7 %5.3 %5.6 %
ROE0.8 %14.2 %-8.0 %1.6 %3.1 %
ROI4.3 %3.0 %7.9 %11.3 %
Economic value added (EVA)- 106.50- 132.00-7.57- 160.701 518.24
Solvency
Equity ratio99.9 %95.5 %99.8 %-7.2 %-4.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio676.1594.1386.30.80.8
Current ratio676.1594.1386.30.80.8
Cash and cash equivalents36 698.1727 447.4022 869.2024 516.2326 518.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBBBBB

Variable visualization

ROA:5.58%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-4.03%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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