HØRDUM & ENGELBRETH ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HØRDUM & ENGELBRETH ApS
HØRDUM & ENGELBRETH ApS (CVR number: 34623708) is a company from SKANDERBORG. The company recorded a gross profit of 1844.4 kDKK in 2018. The operating profit was -204.7 kDKK, while net earnings were -241.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.8 %, which can be considered poor and Return on Equity (ROE) was -9.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -14.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HØRDUM & ENGELBRETH ApS's liquidity measured by quick ratio was 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials| 2016 | 2017 | 2018 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | 1 414.03 | 458.44 | 1 844.45 | 
| EBIT | 317.52 | - 523.13 | - 204.72 | 
| Net earnings | 244.00 | - 550.11 | - 241.34 | 
| Shareholders equity total | 193.62 | - 356.50 | - 597.84 | 
| Balance sheet total (assets) | 2 067.51 | 1 563.29 | 3 487.22 | 
| Net debt | 213.22 | 798.79 | 1 188.03 | 
| Profitability | |||
| EBIT-% | |||
| ROA | 15.5 % | -26.2 % | -6.8 % | 
| ROE | 126.0 % | -62.6 % | -9.6 % | 
| ROI | 68.2 % | -78.3 % | -17.8 % | 
| Economic value added (EVA) | 244.08 | - 532.67 | - 184.42 | 
| Solvency | |||
| Equity ratio | 9.4 % | -18.6 % | -14.6 % | 
| Gearing | 142.5 % | -242.9 % | -240.5 % | 
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 1.0 | 0.7 | 0.6 | 
| Current ratio | 1.1 | 0.8 | 0.8 | 
| Cash and cash equivalents | 62.75 | 67.16 | 249.80 | 
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BB | BB | BB | 
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