HORIZON LAB ApS — Credit Rating and Financial Key Figures

CVR number: 35654313
Kærsangervej 12, 9800 Hjørring
info@horizonlab.com
tel: 25949779
horizonlab.com

Credit rating

Company information

Official name
HORIZON LAB ApS
Personnel
2 persons
Established
2014
Company form
Private limited company
Industry
  • Expand more icon74Other professional, scientific and technical activities

About HORIZON LAB ApS

HORIZON LAB ApS (CVR number: 35654313) is a company from HJØRRING. The company recorded a gross profit of 184.6 kDKK in 2024. The operating profit was 22.6 kDKK, while net earnings were 11.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good and Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 49.9 %, 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. HORIZON LAB ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit169.43266.91217.38145.56184.56
EBIT121.23170.14151.0438.0022.65
Net earnings115.46165.86131.1627.3011.30
Shareholders equity total- 225.53-59.6771.4998.79110.09
Balance sheet total (assets)80.63245.56295.42209.44220.64
Net debt-34.45167.95-13.12-36.41-26.58
Profitability
EBIT-%
ROA32.9 %55.7 %50.3 %15.1 %10.7 %
ROE134.9 %101.7 %82.7 %32.1 %10.8 %
ROI181.0 %101.0 %36.0 %21.8 %
Economic value added (EVA)140.44183.20140.0428.1010.57
Solvency
Equity ratio-73.7 %-19.5 %24.2 %47.2 %49.9 %
Gearing-315.1 %50.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.60.80.8
Current ratio0.20.10.60.80.8
Cash and cash equivalents34.4520.0849.4736.4126.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:10.7%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.9%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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