Horizon Management ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Horizon Management ApS
Horizon Management ApS (CVR number: 42716634) is a company from SERMERSOOQ. The company recorded a gross profit of -165 kDKK in 2024. The operating profit was -165 kDKK, while net earnings were -121.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -30.1 %, which can be considered poor and Return on Equity (ROE) was -38.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -46 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Horizon Management ApS's liquidity measured by quick ratio was 0.5 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 financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | - 119.24 | - 179.87 | - 165.04 |
EBIT | - 119.24 | - 179.87 | - 165.04 |
Net earnings | -87.65 | - 132.20 | - 121.31 |
Shareholders equity total | -37.65 | - 169.85 | - 291.15 |
Balance sheet total (assets) | 247.91 | 295.58 | 341.68 |
Net debt | 285.45 | 465.31 | 630.36 |
Profitability | |||
EBIT-% | |||
ROA | -41.8 % | -47.9 % | -30.1 % |
ROE | -35.4 % | -48.6 % | -38.1 % |
ROI | -41.8 % | -47.9 % | -30.1 % |
Economic value added (EVA) | -87.64 | - 144.66 | - 136.16 |
Solvency | |||
Equity ratio | -13.2 % | -36.5 % | -46.0 % |
Gearing | -758.5 % | -274.0 % | -217.4 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.9 | 0.6 | 0.5 |
Current ratio | 0.9 | 0.6 | 0.5 |
Cash and cash equivalents | 0.11 | 0.11 | 2.48 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | B | BB | B |
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