Horse Square A/S

Horse Square A/S (CVR number: 38528246) is a company from RUDERSDAL. The company recorded a gross profit of 1945.8 kDKK in 2023. The operating profit was 679.2 kDKK, while net earnings were 414.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good but Return on Equity (ROE) was 27.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Horse Square A/S'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.