Horseager ApS — Credit Rating and Financial Key Figures

CVR number: 39415321
Viborggade 3, 2100 København Ø

Company information

Official name
Horseager ApS
Established
2018
Company form
Private limited company
Industry

About Horseager ApS

Horseager ApS (CVR number: 39415321) is a company from KØBENHAVN. The company recorded a gross profit of 678.6 kDKK in 2023. The operating profit was 678.6 kDKK, while net earnings were 435.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good but Return on Equity (ROE) was 15.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.7 %, 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. Horseager ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-2.74414.99394.03654.31678.61
EBIT- 152.74614.99644.03654.31678.61
Net earnings- 218.58269.90414.92437.99435.39
Shareholders equity total1 481.801 751.702 148.162 586.153 021.54
Balance sheet total (assets)6 563.646 932.617 133.787 123.097 476.94
Net debt4 289.544 269.493 858.923 360.053 260.12
Profitability
EBIT-%
ROA-2.3 %9.1 %9.2 %9.2 %9.5 %
ROE-13.7 %16.7 %21.3 %18.5 %15.5 %
ROI-2.4 %9.7 %9.8 %10.0 %10.4 %
Economic value added (EVA)- 203.55405.36235.58236.90239.33
Solvency
Equity ratio23.6 %26.4 %31.4 %38.2 %42.7 %
Gearing289.6 %246.8 %183.1 %133.0 %108.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.30.20.41.1
Current ratio0.00.20.20.20.6
Cash and cash equivalents2.4654.5074.1979.654.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:9.50%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.7%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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