Horizon Management ApS — Credit Rating and Financial Key Figures

Horizon Management ApS (CVR number: 42716634) is a company from SERMERSOOQ. The company recorded a gross profit of -179.9 kDKK in 2023. The operating profit was -179.9 kDKK, while net earnings were -132.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -47.9 %, which can be considered poor and Return on Equity (ROE) was -48.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -36.5 %. 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 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.