HORISONT GRUPPEN A/S — Credit Rating and Financial Key Figures

CVR number: 87751619
Strandlodsvej 44, 2300 København S
info@horisontgruppen.dk
tel: 53506060
www.horisontgruppen.dk

Credit rating

Company information

Official name
HORISONT GRUPPEN A/S
Personnel
12 persons
Established
1978
Company form
Limited company
Industry
  • Expand more icon58Publishing activities

About HORISONT GRUPPEN A/S

HORISONT GRUPPEN A/S (CVR number: 87751619) is a company from KØBENHAVN. The company recorded a gross profit of 7598.9 kDKK in 2023. The operating profit was 342.8 kDKK, while net earnings were 369.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 28.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.2 %, 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. HORISONT GRUPPEN A/S's liquidity measured by quick ratio was 0.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 889.006 906.177 179.114 952.927 598.89
EBIT151.611 082.90961.39288.36342.81
Net earnings96.84850.38861.88221.48369.49
Shareholders equity total1 001.131 601.521 613.401 184.881 436.57
Balance sheet total (assets)7 045.797 922.547 391.216 155.116 569.45
Net debt-3 537.71-5 098.22-4 275.70-3 602.87-2 039.96
Profitability
EBIT-%
ROA2.2 %15.0 %15.3 %4.7 %5.9 %
ROE9.0 %65.3 %53.6 %15.8 %28.2 %
ROI13.5 %84.9 %72.8 %22.7 %28.2 %
Economic value added (EVA)160.25977.07926.27344.84461.77
Solvency
Equity ratio14.2 %20.2 %21.8 %19.3 %22.2 %
Gearing0.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.11.00.8
Current ratio1.01.11.11.00.8
Cash and cash equivalents3 545.275 098.224 275.703 602.872 039.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:5.86%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.2%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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