HORSENS & FRIENDS A/S — Credit Rating and Financial Key Figures

HORSENS & FRIENDS A/S (CVR number: 31055830) is a company from HORSENS. The company reported a net sales of 36.2 mDKK in 2023, demonstrating a growth of 10.7 % compared to the previous year. The operating profit percentage was at 5.4 % (EBIT: 2 mDKK), while net earnings were 1893.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.1 %, which can be considered excellent and Return on Equity (ROE) was 36.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HORSENS & FRIENDS A/S'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.