Horsevad Maskinudlejning ApS — Credit Rating and Financial Key Figures

Horsevad Maskinudlejning ApS (CVR number: 38848178) is a company from HJØRRING. The company recorded a gross profit of 1050.4 kDKK in 2024. The operating profit was 70.2 kDKK, while net earnings were 31.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent and Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 46.1 %, 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. Horsevad Maskinudlejning ApS's liquidity measured by quick ratio was 1.6 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.