HORZE EJENDOMME A/S — Credit Rating and Financial Key Figures

CVR number: 28296827
Vallensbækvej 22 A, 2605 Brøndby

Credit rating

Company information

Official name
HORZE EJENDOMME A/S
Established
2004
Company form
Limited company
Industry
  • Expand more icon70Activities of head offices; management consultancy activities

About HORZE EJENDOMME A/S

HORZE EJENDOMME A/S (CVR number: 28296827) is a company from BRØNDBY. The company recorded a gross profit of 470.8 kDKK in 2023. The operating profit was 377.3 kDKK, while net earnings were 445.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent and Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HORZE EJENDOMME A/S's liquidity measured by quick ratio was 11 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 profit445.61467.04500.48465.51470.76
EBIT352.10373.53406.98372.00377.25
Net earnings152.90353.09446.92431.12445.40
Shareholders equity total6 634.916 988.007 434.927 866.046 311.43
Balance sheet total (assets)9 595.647 153.327 512.987 966.726 427.10
Net debt2 678.20- 702.23-1 157.96- 346.99-1 264.37
Profitability
EBIT-%
ROA4.3 %5.4 %6.2 %5.6 %6.2 %
ROE2.3 %5.2 %6.2 %5.6 %6.3 %
ROI4.3 %5.5 %6.3 %5.7 %6.3 %
Economic value added (EVA)- 161.11-16.7391.1256.59-0.58
Solvency
Equity ratio69.1 %97.7 %99.0 %98.7 %98.2 %
Gearing42.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.410.427.827.011.0
Current ratio2.410.427.827.011.0
Cash and cash equivalents145.14702.231 157.96346.991 264.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:6.21%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.2%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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