Bilteknik, Hørning ApS — Credit Rating and Financial Key Figures

Bilteknik, Hørning ApS (CVR number: 44595362) is a company from SKANDERBORG. The company recorded a gross profit of 1927.2 kDKK in 2024. The operating profit was 254.6 kDKK, while net earnings were 85 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good but Return on Equity (ROE) was 68 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 5.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Bilteknik, Hørning ApS's liquidity measured by quick ratio was 1.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.