Hørby Østergaard Udvikling A/S — Credit Rating and Financial Key Figures

Hørby Østergaard Udvikling A/S (CVR number: 37215430) is a company from MARIAGERFJORD. The company recorded a gross profit of 1122.2 kDKK in 2024. The operating profit was -267.7 kDKK, while net earnings were -598.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0 %, 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 45 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Hørby Østergaard Udvikling A/S's liquidity measured by quick ratio was 2.3 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.