MAX HORSENS A/S — Credit Rating and Financial Key Figures

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

Company information

Official name
MAX HORSENS A/S
Personnel
5 persons
Established
1993
Company form
Limited company
Industry

About MAX HORSENS A/S

MAX HORSENS A/S (CVR number: 17028839) is a company from SKANDERBORG. The company recorded a gross profit of 2829.3 kDKK in 2024. The operating profit was 949.5 kDKK, while net earnings were 718.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.4 %, which can be considered excellent and Return on Equity (ROE) was 47.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MAX HORSENS A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 612.632 286.211 697.342 575.702 829.27
EBIT379.75551.91- 193.38927.20949.51
Net earnings288.15420.19- 202.97630.74718.91
Shareholders equity total2 880.523 000.70977.581 508.331 542.24
Balance sheet total (assets)5 014.694 119.133 267.664 793.372 992.99
Net debt- 557.98- 600.951 106.881 309.11- 685.90
Profitability
EBIT-%
ROA7.9 %12.1 %-5.2 %23.0 %24.4 %
ROE9.5 %14.3 %-10.2 %50.7 %47.1 %
ROI11.3 %18.6 %-7.1 %33.7 %40.9 %
Economic value added (EVA)102.86280.95- 326.59577.34583.25
Solvency
Equity ratio58.2 %73.0 %29.9 %31.5 %51.5 %
Gearing0.2 %151.2 %100.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.70.60.91.2
Current ratio2.13.41.31.31.9
Cash and cash equivalents563.44600.95370.74200.26685.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:24.4%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.5%
Rating: 41/100
-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

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