MAX HORSENS A/S

CVR number: 17028839
Bakkedraget 2, 8362 Hørning
tel: 75656811

Credit rating

Company information

Official name
MAX HORSENS A/S
Personnel
4 persons
Established
1993
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About MAX HORSENS A/S

MAX HORSENS A/S (CVR number: 17028839) is a company from SKANDERBORG. The company recorded a gross profit of 2575.7 kDKK in 2023. The operating profit was 927.2 kDKK, while net earnings were 630.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23 %, which can be considered excellent and Return on Equity (ROE) was 50.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.5 %, 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. MAX HORSENS A/S's liquidity measured by quick ratio was 0.9 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
20192020202120222023
Volume
Net sales
Gross profit3 220.533 612.632 286.211 697.342 575.70
EBIT420.91379.75551.91- 193.38927.20
Net earnings310.14288.15420.19- 202.97630.74
Shareholders equity total3 192.362 880.523 000.70977.581 508.33
Balance sheet total (assets)4 569.135 014.694 119.133 267.664 793.37
Net debt- 372.91- 557.98- 600.951 106.881 309.11
Profitability
EBIT-%
ROA7.8 %7.9 %12.1 %-5.2 %23.0 %
ROE8.3 %9.5 %14.3 %-10.2 %50.7 %
ROI10.4 %11.3 %18.6 %-7.1 %33.7 %
Economic value added (EVA)183.92182.35310.53- 295.71599.87
Solvency
Equity ratio70.6 %58.2 %73.0 %29.9 %31.5 %
Gearing18.6 %0.2 %151.2 %100.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.21.70.60.9
Current ratio3.12.13.41.31.3
Cash and cash equivalents966.66563.44600.95370.74200.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBBBB

Variable visualization

ROA:23.0%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.5%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

Build time: 2024-10-29T03:12:35.187Z

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