K H Horses ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About K H Horses ApS
K H Horses ApS (CVR number: 40710825) is a company from HEDENSTED. The company recorded a gross profit of -3.3 kDKK in 2023. The operating profit was -3.3 kDKK, while net earnings were -3.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.2 %, which can be considered poor and Return on Equity (ROE) was -12.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. K H Horses ApS's liquidity measured by quick ratio was 3.9 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -0.03 | -4.09 | -3.55 | -3.28 |
EBIT | -0.03 | -4.09 | -3.55 | -3.28 |
Net earnings | -0.38 | -5.30 | -4.63 | -3.57 |
Shareholders equity total | 39.62 | 34.32 | 29.68 | 26.12 |
Balance sheet total (assets) | 39.62 | 38.82 | 36.44 | 35.12 |
Net debt | -39.62 | -38.82 | -35.99 | -34.67 |
Profitability | ||||
EBIT-% | ||||
ROA | -0.1 % | -10.4 % | -9.4 % | -9.2 % |
ROE | -1.0 % | -14.3 % | -14.5 % | -12.8 % |
ROI | -0.1 % | -11.1 % | -11.1 % | -11.8 % |
Economic value added (EVA) | -0.03 | -4.09 | -3.32 | -2.96 |
Solvency | ||||
Equity ratio | 100.0 % | 88.4 % | 81.5 % | 74.4 % |
Gearing | ||||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 8.6 | 5.4 | 3.9 | |
Current ratio | 8.6 | 5.4 | 3.9 | |
Cash and cash equivalents | 39.62 | 38.82 | 35.99 | 34.67 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | B | B | B | B |
Variable visualization
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