HORIZONS A/S — Credit Rating and Financial Key Figures

CVR number: 11153380
Nytorv 5, 1450 København K
travels@kilroy.dk
WWW.KILROY.DK
Free credit report Annual report

Company information

Official name
HORIZONS A/S
Personnel
40 persons
Established
1987
Company form
Limited company
Industry

About HORIZONS A/S

HORIZONS A/S (CVR number: 11153380) is a company from KØBENHAVN. The company reported a net sales of 757.4 mDKK in 2024, demonstrating a decline of -1.4 % compared to the previous year. The operating profit percentage was at 4.4 % (EBIT: 33.2 mDKK), while net earnings were 29.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good but Return on Equity (ROE) was 43.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.4 %, 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. HORIZONS A/S's liquidity measured by quick ratio was 1.8 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales-56.00168.00667.00768.53757.39
Gross profit-56.00168.00667.00175.12178.85
EBIT-56.00168.00667.0043.7433.20
Net earnings-59.00-8.0034.0036.8029.29
Shareholders equity total-40.00-48.0017.0053.2682.56
Balance sheet total (assets)152.00124.00212.00273.98298.72
Net debt-55.129.36
Profitability
EBIT-%100.0 %100.0 %5.7 %4.4 %
ROA-30.9 %92.3 %347.4 %19.5 %13.3 %
ROE3933.3 %18.2 %-219.4 %104.8 %43.1 %
ROI-30.9 %92.3 %347.4 %30.0 %34.2 %
Economic value added (EVA)-57.86170.01669.4133.4420.72
Solvency
Equity ratio100.0 %21.2 %30.4 %
Gearing93.3 %45.1 %
Relative net indebtedness %15.1 %24.9 %
Liquidity
Quick ratio1.71.8
Current ratio1.51.5
Cash and cash equivalents104.7927.85
Capital use efficiency
Trade debtors turnover (days)26.029.0
Net working capital %11.5 %13.8 %
Credit risk
Credit ratingBBBBBBBBAA

Variable visualization

ROA:13.3%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.4%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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