HORSE INVEST ApS

CVR number: 35397132
Vibevej 14, 7330 Brande
dennisnoes@gmail.com
tel: 22323057
horse-jumping.dk

Credit rating

Company information

Official name
HORSE INVEST ApS
Personnel
1 person
Established
2013
Company form
Private limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About HORSE INVEST ApS

HORSE INVEST ApS (CVR number: 35397132) is a company from IKAST-BRANDE. The company recorded a gross profit of 604 kDKK in 2023. The operating profit was 90.2 kDKK, while net earnings were 51.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 55.9 %, which can be considered excellent and Return on Equity (ROE) was 107.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 7.9 %, 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. HORSE INVEST ApS's liquidity measured by quick ratio was 0.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit595.69300.41435.86-39.54603.98
EBIT286.97-18.86143.91- 224.5990.22
Net earnings212.64-20.46109.57- 222.0851.34
Shareholders equity total162.01141.55251.12-34.9516.39
Balance sheet total (assets)406.26376.25451.7379.50208.58
Net debt-20.00-24.64-28.70-16.76-32.31
Profitability
EBIT-%
ROA79.7 %-4.8 %34.8 %-78.4 %55.9 %
ROE97.1 %-13.5 %55.8 %-134.3 %107.1 %
ROI319.7 %-12.2 %72.4 %-176.1 %1039.2 %
Economic value added (EVA)224.46-26.00104.32- 235.7767.76
Solvency
Equity ratio39.9 %37.6 %55.6 %-30.5 %7.9 %
Gearing3.4 %-2.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.11.80.50.8
Current ratio1.41.12.00.71.1
Cash and cash equivalents20.0029.4328.7017.7632.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBCB

Variable visualization

ROA:55.9%
Rating: 98/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.86%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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