AUTOVÆRKSTEDET HORSENS ApS — Credit Rating and Financial Key Figures

AUTOVÆRKSTEDET HORSENS ApS (CVR number: 34614040) is a company from HORSENS. The company recorded a gross profit of 357.1 kDKK in 2023. The operating profit was -28.5 kDKK, while net earnings were -22.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.3 %, which can be considered poor and Return on Equity (ROE) was -6.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.6 %, 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. AUTOVÆRKSTEDET HORSENS ApS's liquidity measured by quick ratio was 1.8 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.