Horn Business Group ApS — Credit Rating and Financial Key Figures

Horn Business Group ApS (CVR number: 41026618K) is a company from HERNING. The company recorded a gross profit of 55.6 mDKK in 2023. The operating profit was -4431.6 kDKK, while net earnings were -5786.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.3 %, which can be considered poor and Return on Equity (ROE) was -25.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Horn Business Group ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.