Horizon56 A/S — Credit Rating and Financial Key Figures

CVR number: 42743127
Teknikerbyen 5, Søllerød 2830 Virum
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Company information

Official name
Horizon56 A/S
Personnel
4 persons
Established
2021
Domicile
Søllerød
Company form
Limited company
Industry

About Horizon56 A/S

Horizon56 A/S (CVR number: 42743127) is a company from RUDERSDAL. The company reported a net sales of 8.8 mUSD in 2024, demonstrating a growth of 58.7 % compared to the previous year. The operating profit percentage was poor at -40.2 % (EBIT: -3.5 mUSD), while net earnings were -4570 kUSD. The profitability of the company measured by Return on Assets (ROA) was -22.1 %, which can be considered poor and Return on Equity (ROE) was -47.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -35.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Horizon56 A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2022
2023
2024
Volume
Net sales5 542.008 794.00
Gross profit- 165.00260.00-2 514.00
EBIT-8 892.00213.00-3 533.00
Net earnings-7 116.00- 145.00-4 570.00
Shareholders equity total-2 054.00-2 199.00-6 769.00
Balance sheet total (assets)4 158.006 699.0012 384.00
Net debt5 106.008 208.0018 392.00
Profitability
EBIT-%3.8 %-40.2 %
ROA-141.3 %3.5 %-22.1 %
ROE-171.1 %-2.7 %-47.9 %
ROI-171.9 %4.0 %-23.3 %
Economic value added (EVA)-7 011.919.19-4 545.27
Solvency
Equity ratio-33.1 %-24.7 %-35.3 %
Gearing-248.6 %-373.3 %-271.7 %
Relative net indebtedness %160.6 %217.8 %
Liquidity
Quick ratio0.60.40.5
Current ratio0.60.40.5
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)64.0140.3
Net working capital %-90.3 %-100.3 %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-22.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-35.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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