HORSOSOFT ApS — Credit Rating and Financial Key Figures

CVR number: 31884357
Frølichsvej 47 A, 2920 Charlottenlund
tel: 40904692

Credit rating

Company information

Official name
HORSOSOFT ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry

About HORSOSOFT ApS

HORSOSOFT ApS (CVR number: 31884357) is a company from GENTOFTE. The company recorded a gross profit of 619.6 kDKK in 2023. The operating profit was 21.3 kDKK, while net earnings were 25.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 91.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HORSOSOFT ApS's liquidity measured by quick ratio was 10.7 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.

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 profit920.00851.001 598.001 013.00619.58
EBIT243.00177.00822.00481.0021.33
Net earnings306.00130.00690.00289.0025.30
Shareholders equity total1 771.001 401.001 978.002 153.002 060.47
Balance sheet total (assets)1 989.001 703.002 486.002 574.002 248.70
Net debt-1 847.00-1 486.00-1 914.00-1 975.00-1 754.24
Profitability
EBIT-%
ROA21.8 %11.2 %43.0 %21.1 %2.7 %
ROE18.3 %8.2 %40.8 %14.0 %1.2 %
ROI23.9 %13.0 %53.3 %25.8 %3.0 %
Economic value added (EVA)107.8042.09568.99263.45-93.29
Solvency
Equity ratio89.0 %82.3 %79.6 %83.6 %91.6 %
Gearing0.1 %0.1 %0.2 %1.3 %
Relative net indebtedness %
Liquidity
Quick ratio8.85.64.96.110.7
Current ratio8.85.64.96.110.7
Cash and cash equivalents1 847.001 487.001 916.001 980.001 782.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.68%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.6%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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