Horisonten Nørresundby II A/S

Horisonten Nørresundby II A/S (CVR number: 30916719) is a company from GENTOFTE. The company recorded a gross profit of -118.1 kDKK in 2017. The operating profit was 1776.9 kDKK, while net earnings were 1165 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good and Return on Equity (ROE) was 12.6 %, which can be considered good. 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. Horisonten Nørresundby II A/S's liquidity measured by quick ratio was 0.2 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.