HORSECREEK A/S — Credit Rating and Financial Key Figures

HORSECREEK A/S (CVR number: 65338319) is a company from LANGELAND. The company recorded a gross profit of -50.3 kDKK in 2023. The operating profit was -50.3 kDKK, while net earnings were 349.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good but Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HORSECREEK A/S's liquidity measured by quick ratio was 63.7 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.