Horsens Asian Marked ApS — Credit Rating and Financial Key Figures

Horsens Asian Marked ApS (CVR number: 37924962) is a company from HORSENS. The company recorded a gross profit of 924.7 kDKK in 2023. The operating profit was 107 kDKK, while net earnings were 65.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was 10.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 21.8 %, 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. Horsens Asian Marked ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.