Horsens/Egå Auktioner APS — Credit Rating and Financial Key Figures

Horsens/Egå Auktioner APS (CVR number: 38408291) is a company from AARHUS. The company recorded a gross profit of -7.2 kDKK in 2017. The operating profit was -7.2 kDKK, while net earnings were -3.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.6 %, which can be considered poor and Return on Equity (ROE) was -3.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Horsens/Egå Auktioner APS's liquidity measured by quick ratio was 20.3 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.