SGD Horses ApS — Credit Rating and Financial Key Figures

SGD Horses ApS (CVR number: 39692783) is a company from KOLDING. The company recorded a gross profit of -44.4 kDKK in 2022. The operating profit was -44.4 kDKK, while net earnings were -34.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -34.7 %, which can be considered poor and Return on Equity (ROE) was -33.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -29.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SGD Horses 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.