Credit rating
Company information
About North Zealand Horses ApS
North Zealand Horses ApS (CVR number: 41294906) is a company from FREDENSBORG. The company recorded a gross profit of -1502.3 kDKK in 2023. The operating profit was -1646.8 kDKK, while net earnings were -2518 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8 %, which can be considered poor and Return on Equity (ROE) was -72.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. North Zealand Horses ApS's liquidity measured by quick ratio was 3.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | - 977.64 | -1 911.88 | -1 350.11 | -1 502.30 |
EBIT | - 640.58 | -1 114.78 | - 481.85 | -1 646.81 |
Net earnings | - 617.67 | -1 107.14 | - 986.38 | -2 518.03 |
Shareholders equity total | - 567.68 | 825.18 | 838.81 | 6 137.90 |
Balance sheet total (assets) | 11 548.60 | 15 887.98 | 18 882.69 | 22 537.23 |
Net debt | 12 001.66 | 14 701.74 | 17 903.37 | 15 904.59 |
Profitability | ||||
EBIT-% | ||||
ROA | -5.3 % | -8.0 % | -2.8 % | -8.0 % |
ROE | -5.3 % | -17.9 % | -118.6 % | -72.2 % |
ROI | -5.3 % | -8.1 % | -2.8 % | -8.1 % |
Economic value added (EVA) | - 499.79 | - 836.96 | - 434.45 | -1 552.80 |
Solvency | ||||
Equity ratio | -4.7 % | 5.2 % | 4.4 % | 27.2 % |
Gearing | -2128.8 % | 1788.5 % | 2141.2 % | 259.3 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 18.2 | 1.0 | 2.0 | 3.4 |
Current ratio | 185.0 | 8.2 | 9.9 | 32.3 |
Cash and cash equivalents | 83.19 | 56.93 | 56.93 | 12.68 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
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