Horisonten Nørresundby ApS

Horisonten Nørresundby ApS (CVR number: 31942500) is a company from GENTOFTE. The company recorded a gross profit of -23.9 kDKK in 2017. The operating profit was 13.3 mDKK, while net earnings were 10.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 100.9 %, which can be considered excellent and Return on Equity (ROE) was 113.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.8 %, 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. Horisonten Nørresundby ApS's liquidity measured by quick ratio was 0.1 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.