HORSENS KØRETEKNISKE ANLÆG A/S

HORSENS KØRETEKNISKE ANLÆG A/S (CVR number: 78614919) is a company from HORSENS. The company recorded a gross profit of 2933.5 kDKK in 2022. The operating profit was 1012.3 kDKK, while net earnings were 714.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 51.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HORSENS KØRETEKNISKE ANLÆG A/S'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.