HORSENS YACHTVÆRFT ApS — Credit Rating and Financial Key Figures

CVR number: 28708750
Gammel Havn 3, 8700 Horsens
info@horsensvaerft.dk

Credit rating

Company information

Official name
HORSENS YACHTVÆRFT ApS
Personnel
15 persons
Established
2005
Company form
Private limited company
Industry
  • Expand more icon33Repair and installation of machinery and equipment

About HORSENS YACHTVÆRFT ApS

HORSENS YACHTVÆRFT ApS (CVR number: 28708750) is a company from HORSENS. The company recorded a gross profit of 5506.5 kDKK in 2023. The operating profit was 570.5 kDKK, while net earnings were 393.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good but Return on Equity (ROE) was 17.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.5 %, 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. HORSENS YACHTVÆRFT ApS's liquidity measured by quick ratio was 1.4 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
20192020202120222023
Volume
Net sales
Gross profit3 568.844 087.634 195.175 038.425 506.54
EBIT239.55160.24231.44611.26570.52
Net earnings171.25107.40160.51452.12393.28
Shareholders equity total1 372.751 480.151 640.662 092.792 486.07
Balance sheet total (assets)2 866.553 701.223 469.243 897.536 638.67
Net debt231.11- 157.92160.50-70.791 109.01
Profitability
EBIT-%
ROA8.5 %4.9 %6.5 %16.6 %10.9 %
ROE13.3 %7.5 %10.3 %24.2 %17.2 %
ROI14.8 %9.0 %12.0 %27.1 %17.2 %
Economic value added (EVA)126.3556.56131.05401.64358.82
Solvency
Equity ratio47.9 %40.0 %47.3 %53.7 %38.5 %
Gearing19.3 %23.9 %20.1 %18.7 %63.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.01.21.31.4
Current ratio1.91.61.92.21.9
Cash and cash equivalents34.40511.08169.22462.36467.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:10.9%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.5%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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