Horse Solution ApS — Credit Rating and Financial Key Figures

CVR number: 33508131
Brombærvej 4, 7800 Skive

Company information

Official name
Horse Solution ApS
Established
2011
Company form
Private limited company
Industry

About Horse Solution ApS

Horse Solution ApS (CVR number: 33508131) is a company from SKIVE. The company recorded a gross profit of -31.1 kDKK in 2023. The operating profit was -127.1 kDKK, while net earnings were -116.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -32.6 %, which can be considered poor and Return on Equity (ROE) was -33.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Horse Solution ApS's liquidity measured by quick ratio was 1.1 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.

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 profit- 116.01351.29410.7117.31-31.06
EBIT- 116.01327.29314.71-78.69- 127.06
Net earnings- 152.26307.13271.38-71.22- 116.79
Shareholders equity total-96.77210.36481.73410.52293.73
Balance sheet total (assets)835.131 172.54593.64442.04337.78
Net debt- 160.74- 238.98-2.64-0.21-12.71
Profitability
EBIT-%
ROA-12.6 %31.1 %35.7 %-15.2 %-32.6 %
ROE-34.2 %58.8 %78.4 %-16.0 %-33.2 %
ROI-418.1 %311.2 %86.9 %-16.8 %-35.4 %
Economic value added (EVA)- 113.01340.23281.50-85.45- 134.53
Solvency
Equity ratio-10.4 %17.9 %81.1 %92.9 %87.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.30.61.53.21.1
Current ratio0.30.61.53.21.1
Cash and cash equivalents160.74238.982.640.2112.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-32.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.0%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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