DANSK HESTEVÆDDELØB ApS — Credit Rating and Financial Key Figures

DANSK HESTEVÆDDELØB ApS (CVR number: 31943329) is a company from GENTOFTE. The company recorded a gross profit of 16.9 mDKK in 2023. The operating profit was 3760.1 kDKK, while net earnings were 402.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 54.3 %, which can be considered excellent but Return on Equity (ROE) was 14.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 30.1 %, 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. DANSK HESTEVÆDDELØB ApS's liquidity measured by quick ratio was 1.4 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.