Horsens Ejendomsinvest A/S — Credit Rating and Financial Key Figures

CVR number: 40633855
Marselisborg Havnevej 52, 8000 Aarhus C

Credit rating

Company information

Official name
Horsens Ejendomsinvest A/S
Established
2019
Company form
Limited company
Industry
  • Expand more icon68Real estate activities

About Horsens Ejendomsinvest A/S

Horsens Ejendomsinvest A/S (CVR number: 40633855) is a company from AARHUS. The company reported a net sales of 2.8 mDKK in 2023, demonstrating a growth of 2 % compared to the previous year. The operating profit percentage was poor at -53.8 % (EBIT: -1.5 mDKK), while net earnings were -1556.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -9.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.8 %, 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. Horsens Ejendomsinvest A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020202120222023
Volume
Net sales3 627.462 668.442 751.912 807.03
Gross profit4 732.721 986.38895.37-1 509.99
EBIT4 732.721 986.38895.37-1 509.99
Net earnings3 317.641 345.37479.74-1 556.54
Shareholders equity total15 017.6416 363.0116 632.7414 876.20
Balance sheet total (assets)48 101.0849 385.9149 323.8447 206.23
Net debt31 558.2830 200.8429 196.2428 894.53
Profitability
EBIT-%130.5 %74.4 %32.5 %-53.8 %
ROA9.8 %4.1 %1.9 %-3.1 %
ROE22.1 %8.6 %2.9 %-9.9 %
ROI10.0 %4.2 %1.9 %-3.3 %
Economic value added (EVA)3 690.43- 683.28-1 548.34-3 390.53
Solvency
Equity ratio34.4 %35.4 %36.0 %33.8 %
Gearing210.1 %184.6 %177.2 %195.2 %
Relative net indebtedness %894.7 %1207.3 %1148.4 %1135.0 %
Liquidity
Quick ratio0.10.30.20.1
Current ratio0.10.20.20.1
Cash and cash equivalents7.99271.59150.59
Capital use efficiency
Trade debtors turnover (days)1.129.342.140.5
Net working capital %-39.7 %-79.3 %-86.9 %-117.6 %
Credit risk
Credit ratingAAAAAABBB

Variable visualization

ROA:-3.12%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.8%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

Companies in the same industry

Build time: 2024-12-21T09:42:57.160Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.