Bad Horses Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Bad Horses Holding ApS
Bad Horses Holding ApS (CVR number: 40370706) is a company from HJØRRING. The company recorded a gross profit of -6.5 kDKK in 2024. The operating profit was -6.5 kDKK, while net earnings were -10 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.2 %, which can be considered poor and Return on Equity (ROE) was -19.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Bad Horses Holding ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2.65 | 38.61 | 0.30 | -6.50 | |
EBIT | -7.28 | -2.65 | 38.61 | 0.30 | -6.50 |
Net earnings | - 105.74 | 131.52 | 65.84 | - 126.15 | -10.03 |
Shareholders equity total | -13.57 | 117.95 | 183.79 | 57.64 | 47.61 |
Balance sheet total (assets) | 134.20 | 200.03 | 73.92 | 77.62 | |
Net debt | 0.07 | 5.87 | -37.83 | -42.80 | 0.40 |
Profitability | |||||
EBIT-% | |||||
ROA | -188.8 % | 89.0 % | 39.5 % | -92.0 % | -13.2 % |
ROE | -229.4 % | 111.5 % | 43.6 % | -104.5 % | -19.1 % |
ROI | -229.2 % | 106.2 % | 42.1 % | -102.0 % | -18.9 % |
Economic value added (EVA) | -1.94 | 3.05 | 42.92 | 5.15 | -6.08 |
Solvency | |||||
Equity ratio | -100.0 % | 87.9 % | 91.9 % | 78.0 % | 61.3 % |
Gearing | -0.5 % | 5.0 % | 3.1 % | 0.8 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.1 | 2.7 | 1.7 | ||
Current ratio | 3.1 | 2.7 | 1.7 | ||
Cash and cash equivalents | 43.58 | 42.80 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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