ALMIND HORSES ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ALMIND HORSES ApS
ALMIND HORSES ApS (CVR number: 30827481) is a company from ODENSE. The company recorded a gross profit of -10.7 kDKK in 2023. The operating profit was -10.7 kDKK, while net earnings were 213 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor but Return on Equity (ROE) was 24.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.6 %, 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. ALMIND HORSES ApS's liquidity measured by quick ratio was 2.4 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -10.37 | -57.99 | 128.91 | 123.66 | -10.74 |
EBIT | -23.12 | -70.74 | 126.78 | 123.66 | -10.74 |
Net earnings | -21.23 | -57.50 | 92.38 | - 207.60 | 213.04 |
Shareholders equity total | 938.05 | 880.55 | 972.94 | 765.34 | 978.37 |
Balance sheet total (assets) | 1 080.67 | 1 051.30 | 2 308.93 | 2 417.73 | 1 346.71 |
Net debt | - 103.37 | - 203.50 | 953.73 | 1 191.13 | -27.33 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.1 % | -6.6 % | 7.5 % | 5.5 % | -0.6 % |
ROE | -2.2 % | -6.3 % | 10.0 % | -23.9 % | 24.4 % |
ROI | -2.2 % | -6.9 % | 7.7 % | 5.6 % | -0.6 % |
Economic value added (EVA) | -54.02 | -91.60 | 69.99 | 56.64 | -24.94 |
Solvency | |||||
Equity ratio | 86.8 % | 83.8 % | 42.1 % | 31.7 % | 72.6 % |
Gearing | 11.7 % | 13.6 % | 134.3 % | 210.6 % | 31.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.3 | 4.4 | 1.5 | 1.1 | 2.4 |
Current ratio | 7.5 | 6.1 | 1.7 | 1.5 | 3.7 |
Cash and cash equivalents | 213.20 | 322.86 | 352.84 | 420.72 | 337.18 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BBB |
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