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HORSAGER HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31753465
Musvågevej 4, 3390 Hundested
Free credit report Annual report

Credit rating

Company information

Official name
HORSAGER HOLDING ApS
Established
2008
Company form
Private limited company
Industry

About HORSAGER HOLDING ApS

HORSAGER HOLDING ApS (CVR number: 31753465) is a company from HALSNÆS. The company recorded a gross profit of -8.6 kDKK in 2024. The operating profit was -8.6 kDKK, while net earnings were 28.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 80 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HORSAGER HOLDING ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit-8.04-6.80-8.59-8.61
EBIT-8.04-7.53-6.80-8.59-8.61
Net earnings2 548.05- 297.91172.13354.1528.18
Shareholders equity total2 877.072 466.162 523.892 760.242 669.13
Balance sheet total (assets)3 439.963 034.553 093.993 414.263 338.07
Net debt102.69- 143.63-72.41-68.30-18.52
Profitability
EBIT-%
ROA106.2 %-0.0 %8.1 %14.8 %1.6 %
ROE128.1 %-11.2 %6.9 %13.4 %1.0 %
ROI107.8 %-0.0 %10.0 %18.3 %2.0 %
Economic value added (EVA)-84.66- 175.21- 129.12- 133.49- 146.92
Solvency
Equity ratio83.6 %81.3 %81.6 %80.8 %80.0 %
Gearing17.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.50.20.10.0
Current ratio0.70.50.20.10.0
Cash and cash equivalents390.07143.6372.4168.3018.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:1.60%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.0%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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