DANISH PERFORMANCE HORSES ApS
Credit rating
Company information
About DANISH PERFORMANCE HORSES ApS
DANISH PERFORMANCE HORSES ApS (CVR number: 30803353) is a company from FAVRSKOV. The company recorded a gross profit of -1646.8 kDKK in 2023. The operating profit was -1690.3 kDKK, while net earnings were -1422.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.1 %, which can be considered poor and Return on Equity (ROE) was -41.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.7 %, 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. DANISH PERFORMANCE HORSES ApS's liquidity measured by quick ratio was 0.8 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1 374.09 | - 407.58 | 144.18 | -1 067.86 | -1 646.76 |
EBIT | -1 426.54 | - 449.90 | 93.64 | -1 112.07 | -1 690.32 |
Net earnings | -1 168.22 | - 772.08 | - 208.24 | - 902.24 | -1 422.25 |
Shareholders equity total | -1 627.71 | -2 399.80 | 5 013.37 | 4 111.12 | 2 688.88 |
Balance sheet total (assets) | 6 570.24 | 7 395.23 | 6 778.09 | 6 747.72 | 5 522.70 |
Net debt | 8 103.34 | 9 725.02 | 1 046.69 | 2 580.59 | 2 795.13 |
Profitability | |||||
EBIT-% | |||||
ROA | -17.6 % | -4.5 % | 1.7 % | -15.7 % | -26.1 % |
ROE | -17.1 % | -11.1 % | -3.4 % | -19.8 % | -41.8 % |
ROI | -17.8 % | -4.5 % | 1.7 % | -15.8 % | -26.3 % |
Economic value added (EVA) | - 961.93 | - 363.50 | 198.65 | -1 086.34 | -1 526.76 |
Solvency | |||||
Equity ratio | -19.9 % | -24.5 % | 74.0 % | 60.9 % | 48.7 % |
Gearing | -497.9 % | -405.3 % | 34.3 % | 62.8 % | 104.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.2 | 1.1 | 0.8 | 0.8 |
Current ratio | 0.8 | 0.7 | 3.8 | 2.5 | 1.9 |
Cash and cash equivalents | 1.29 | 1.30 | 671.70 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
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