HORZE DANMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HORZE DANMARK ApS
HORZE DANMARK ApS (CVR number: 32879667) is a company from BRØNDBY. The company recorded a gross profit of 146.9 kDKK in 2024. The operating profit was -2789.4 kDKK, while net earnings were -2180.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.6 %, which can be considered poor and Return on Equity (ROE) was -39.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56 %, 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. HORZE DANMARK ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 7 676.95 | 5 946.93 | 5 427.77 | 1 861.89 | 146.92 |
EBIT | 3 684.80 | 2 037.39 | 842.59 | -2 495.39 | -2 789.37 |
Net earnings | 2 760.51 | 1 477.33 | 631.42 | -1 952.44 | -2 180.38 |
Shareholders equity total | 6 405.90 | 7 883.23 | 8 514.66 | 6 562.22 | 4 381.84 |
Balance sheet total (assets) | 13 565.61 | 12 420.27 | 12 863.05 | 11 680.23 | 7 823.57 |
Net debt | -3 623.36 | -2 792.78 | 407.43 | 1 607.47 | 1 104.44 |
Profitability | |||||
EBIT-% | |||||
ROA | 28.5 % | 15.7 % | 7.0 % | -20.2 % | -28.6 % |
ROE | 54.9 % | 20.7 % | 7.7 % | -25.9 % | -39.8 % |
ROI | 44.0 % | 23.1 % | 8.8 % | -24.3 % | -33.6 % |
Economic value added (EVA) | 2 431.75 | 1 148.03 | 185.84 | -2 484.93 | -2 658.05 |
Solvency | |||||
Equity ratio | 47.2 % | 63.5 % | 66.2 % | 56.2 % | 56.0 % |
Gearing | 25.4 % | 19.5 % | 25.1 % | 49.1 % | 55.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.3 | 0.5 | 0.5 | 0.8 |
Current ratio | 2.1 | 3.3 | 2.8 | 2.1 | 2.2 |
Cash and cash equivalents | 5 253.13 | 4 332.25 | 1 733.58 | 1 615.44 | 1 324.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BB |
Variable visualization
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