HORZE DANMARK ApS — Credit Rating and Financial Key Figures

CVR number: 32879667
Vallensbækvej 22 A, 2605 Brøndby
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Company information

Official name
HORZE DANMARK ApS
Personnel
20 persons
Established
2010
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit7 676.955 946.935 427.771 861.89146.92
EBIT3 684.802 037.39842.59-2 495.39-2 789.37
Net earnings2 760.511 477.33631.42-1 952.44-2 180.38
Shareholders equity total6 405.907 883.238 514.666 562.224 381.84
Balance sheet total (assets)13 565.6112 420.2712 863.0511 680.237 823.57
Net debt-3 623.36-2 792.78407.431 607.471 104.44
Profitability
EBIT-%
ROA28.5 %15.7 %7.0 %-20.2 %-28.6 %
ROE54.9 %20.7 %7.7 %-25.9 %-39.8 %
ROI44.0 %23.1 %8.8 %-24.3 %-33.6 %
Economic value added (EVA)2 431.751 148.03185.84-2 484.93-2 658.05
Solvency
Equity ratio47.2 %63.5 %66.2 %56.2 %56.0 %
Gearing25.4 %19.5 %25.1 %49.1 %55.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.30.50.50.8
Current ratio2.13.32.82.12.2
Cash and cash equivalents5 253.134 332.251 733.581 615.441 324.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBB

Variable visualization

ROA:-28.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.0%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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