Syrik Horses ApS — Credit Rating and Financial Key Figures

Syrik Horses ApS (CVR number: 37751995) is a company from HEDENSTED. The company recorded a gross profit of 354.7 kDKK in 2017. The operating profit was 32 kDKK, while net earnings were 23.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good but Return on Equity (ROE) was 20.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.6 %, 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. Syrik Horses 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.