HORNE ADVICE ApS — Credit Rating and Financial Key Figures

HORNE ADVICE ApS (CVR number: 33241291) is a company from SORØ. The company recorded a gross profit of 1282.9 kDKK in 2023. The operating profit was 550.5 kDKK, while net earnings were 590 kDKK. The profitability of the company measured by Return on Assets (ROA) was 81.1 %, which can be considered excellent and Return on Equity (ROE) was 103.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HORNE ADVICE ApS's liquidity measured by quick ratio was 2.7 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.