HORIZON ENTERPRISES ApS

CVR number: 88454111
Møllerjorden 43, Højby 4320 Lejre
tel: 46480955

Credit rating

Company information

Official name
HORIZON ENTERPRISES ApS
Personnel
1 person
Established
1979
Domicile
Højby
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About HORIZON ENTERPRISES ApS

HORIZON ENTERPRISES ApS (CVR number: 88454111) is a company from LEJRE. The company recorded a gross profit of -116.7 kDKK in 2023. The operating profit was -391.9 kDKK, while net earnings were 1867.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.3 %, which can be considered excellent but Return on Equity (ROE) was 11.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HORIZON ENTERPRISES ApS's liquidity measured by quick ratio was 358.6 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit-96.29-38.14- 118.41- 115.67- 116.67
EBIT- 292.42- 249.62- 394.80- 390.81- 391.86
Net earnings17.942 508.831 401.75- 109.661 867.58
Shareholders equity total12 204.6214 602.8515 604.6015 094.9416 362.51
Balance sheet total (assets)12 771.8115 462.0116 252.7315 645.1916 936.02
Net debt-11 245.00-14 294.24-14 159.03-14 687.56-16 543.24
Profitability
EBIT-%
ROA2.2 %23.1 %10.1 %1.4 %17.3 %
ROE0.1 %18.7 %9.3 %-0.7 %11.9 %
ROI2.3 %24.3 %10.6 %1.4 %17.6 %
Economic value added (EVA)- 299.31- 242.34- 390.43- 403.58- 300.65
Solvency
Equity ratio95.6 %94.4 %96.0 %96.5 %96.6 %
Gearing3.3 %
Relative net indebtedness %
Liquidity
Quick ratio22.518.025.428.0358.6
Current ratio22.518.025.428.0358.6
Cash and cash equivalents11 245.0014 294.2414 159.0315 187.5616 543.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBAABBBA

Variable visualization

ROA:17.3%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.6%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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