Horisonten Aalborg K/S — Credit Rating and Financial Key Figures

CVR number: 39091569
Nybrogade 12, 1203 København K

Company information

Official name
Horisonten Aalborg K/S
Established
2017
Company form
Limited partnership
Industry

About Horisonten Aalborg K/S

Horisonten Aalborg K/S (CVR number: 39091569) is a company from KØBENHAVN. The company recorded a gross profit of -892.7 kDKK in 2024. The operating profit was -892.7 kDKK, while net earnings were -4968.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 53.7 %, which can be considered excellent but Return on Equity (ROE) was -63.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -91.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Horisonten Aalborg K/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit27 212.5626 532.716 422.18-5 406.44- 892.72
EBIT27 212.5626 532.716 422.18-5 406.44- 892.72
Net earnings14 617.5113 612.282 631.32-48 125.54-4 968.13
Shareholders equity total44 348.0955 700.9939 632.39-8 493.15-13 461.28
Balance sheet total (assets)224 579.77215 536.5058 854.4814 455.471 183.52
Net debt136 536.1566 795.87-23 374.8918 002.6712 782.62
Profitability
EBIT-%
ROA10.5 %12.3 %6.6 %91.1 %53.7 %
ROE39.5 %27.2 %5.5 %-178.0 %-63.5 %
ROI11.0 %12.8 %7.2 %-138.4 %-31.1 %
Economic value added (EVA)13 108.7115 818.49-4 003.49-7 668.22-1 327.56
Solvency
Equity ratio19.7 %25.8 %67.3 %-37.0 %-91.9 %
Gearing380.8 %272.5 %13.6 %-247.8 %-103.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.12.51.61.60.1
Current ratio7.33.43.11.60.1
Cash and cash equivalents32 334.0384 979.0628 753.173 045.331 088.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBCB

Variable visualization

ROA:53.7%
Rating: 97/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-91.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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