Horseconnect ApS — Credit Rating and Financial Key Figures

Horseconnect ApS (CVR number: 43218735) is a company from SILKEBORG. The company recorded a gross profit of 168 kDKK in 2024. The operating profit was 168 kDKK, while net earnings were 154.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good but Return on Equity (ROE) was 33.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Horseconnect ApS's liquidity measured by quick ratio was 1.3 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.