HORSENS FUGETEKNIK ApS
Credit rating
Company information
About HORSENS FUGETEKNIK ApS
HORSENS FUGETEKNIK ApS (CVR number: 14729380) is a company from HORSENS. The company recorded a gross profit of 4214.6 kDKK in 2023. The operating profit was -1494.4 kDKK, while net earnings were -1495.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -59.6 %, which can be considered poor and Return on Equity (ROE) was -126.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -28 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HORSENS FUGETEKNIK 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 126.63 | 5 487.97 | 7 294.79 | 7 546.80 | 4 214.63 |
EBIT | -56.87 | 692.28 | 901.73 | - 147.21 | -1 494.40 |
Net earnings | -73.80 | 503.64 | 661.41 | - 156.34 | -1 495.62 |
Shareholders equity total | 336.46 | 840.11 | 1 501.52 | 945.17 | - 550.44 |
Balance sheet total (assets) | 2 397.03 | 3 431.69 | 3 889.63 | 3 042.81 | 1 418.91 |
Net debt | 41.62 | -1 219.99 | - 333.30 | 831.81 | 637.98 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.3 % | 23.8 % | 24.6 % | -4.2 % | -59.6 % |
ROE | -19.8 % | 85.6 % | 56.5 % | -12.8 % | -126.5 % |
ROI | -5.6 % | 54.4 % | 44.7 % | -6.8 % | -113.6 % |
Economic value added (EVA) | -27.80 | 548.92 | 746.27 | - 134.51 | -1 509.65 |
Solvency | |||||
Equity ratio | 14.0 % | 24.5 % | 38.6 % | 31.1 % | -28.0 % |
Gearing | 185.4 % | 83.6 % | 58.7 % | 95.1 % | -137.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.3 | 1.6 | 1.3 | 0.6 |
Current ratio | 1.1 | 1.3 | 1.6 | 1.4 | 0.6 |
Cash and cash equivalents | 582.30 | 1 922.43 | 1 214.65 | 67.17 | 119.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | B |
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