Warhorse Holding ApS — Credit Rating and Financial Key Figures

Warhorse Holding ApS (CVR number: 41274883K) is a company from THISTED. The company recorded a gross profit of -497 kEUR in 2019. The operating profit was -919 kEUR, while net earnings were 20.2 mEUR. The profitability of the company measured by Return on Assets (ROA) was 93.7 %, which can be considered excellent and Return on Equity (ROE) was 111 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 89.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Warhorse Holding ApS's liquidity measured by quick ratio was 14.2 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.