SIMPLE HORSE ApS — Credit Rating and Financial Key Figures

SIMPLE HORSE ApS (CVR number: 36419962) is a company from EGEDAL. The company recorded a gross profit of -26 kDKK in 2016. The operating profit was -26 kDKK, while net earnings were -26 kDKK. The profitability of the company measured by Return on Assets (ROA) was -80 %, which can be considered poor and Return on Equity (ROE) was -106.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SIMPLE HORSE ApS's liquidity measured by quick ratio was 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.