Havgaard Horses ApS — Credit Rating and Financial Key Figures

Havgaard Horses ApS (CVR number: 38691392) is a company from AALBORG. The company recorded a gross profit of -227.7 kDKK in 2024. The operating profit was -282.9 kDKK, while net earnings were -390.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.2 %, which can be considered poor and Return on Equity (ROE) was -27.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -60.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Havgaard Horses ApS's liquidity measured by quick ratio was 10.9 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.