Broad Horizon Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Broad Horizon Denmark ApS
Broad Horizon Denmark ApS (CVR number: 41657863) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 2981.4 kDKK in 2023. The operating profit was 213 kDKK, while net earnings were -5608.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -4.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.8 %, 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. Broad Horizon Denmark 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 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -48.33 | -1 750.16 | 501.83 | 2 981.42 |
EBIT | -48.33 | -3 612.50 | -2 859.38 | 212.95 |
Net earnings | -1 210.52 | -15 688.73 | -6 399.08 | -5 608.58 |
Shareholders equity total | 132 805.92 | 132 655.60 | 136 672.34 | 131 063.76 |
Balance sheet total (assets) | 209 419.14 | 249 259.17 | 245 335.51 | 230 820.00 |
Net debt | 76 541.56 | 108 167.96 | 104 973.59 | 89 953.94 |
Profitability | ||||
EBIT-% | ||||
ROA | -0.5 % | -5.0 % | -0.9 % | 0.4 % |
ROE | -0.9 % | -11.8 % | -4.8 % | -4.2 % |
ROI | -0.5 % | -5.1 % | -0.9 % | 0.4 % |
Economic value added (EVA) | -38.03 | -1 409.83 | 3 268.33 | 5 730.51 |
Solvency | ||||
Equity ratio | 63.4 % | 53.2 % | 55.7 % | 56.8 % |
Gearing | 57.7 % | 82.1 % | 77.0 % | 70.9 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.6 | 0.5 | 0.7 | 1.7 |
Current ratio | 0.6 | 0.5 | 0.7 | 1.7 |
Cash and cash equivalents | 31.67 | 726.92 | 201.18 | 3 018.83 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | A | A | A | AA |
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