K H Horses ApS — Credit Rating and Financial Key Figures

CVR number: 40710825
Skolevej 9, Skjold 7130 Juelsminde
kimhenriksen283@gmail.com

Company information

Official name
K H Horses ApS
Established
2019
Domicile
Skjold
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 total39.6234.3229.6826.12
Balance sheet total (assets)39.6238.8236.4435.12
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 ratio100.0 %88.4 %81.5 %74.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio8.65.43.9
Current ratio8.65.43.9
Cash and cash equivalents39.6238.8235.9934.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:-9.17%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.4%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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