HØRNING ERHVERVSCENTER ApS — Credit Rating and Financial Key Figures

HØRNING ERHVERVSCENTER ApS (CVR number: 21789283) is a company from SKANDERBORG. The company recorded a gross profit of 2511.6 kDKK in 2023. The operating profit was 2729.6 kDKK, while net earnings were 1670.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good but Return on Equity (ROE) was 30.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.3 %, 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. HØRNING ERHVERVSCENTER ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.