Horkenborg Smedie og Hydraulikservice ApS — Credit Rating and Financial Key Figures

Horkenborg Smedie og Hydraulikservice ApS (CVR number: 39683849) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 1950 kDKK in 2024. The operating profit was 1287.3 kDKK, while net earnings were 927.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 88.8 %, which can be considered excellent and Return on Equity (ROE) was 174.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Horkenborg Smedie og Hydraulikservice ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.