Horslund Holding Ikast ApS — Credit Rating and Financial Key Figures

Horslund Holding Ikast ApS (CVR number: 36952695) is a company from IKAST-BRANDE. The company recorded a gross profit of 5151.7 kDKK in 2023. The operating profit was 2780.9 kDKK, while net earnings were 3085.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.7 %, which can be considered excellent and Return on Equity (ROE) was 30.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Horslund Holding Ikast ApS'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.