Kalhave Horses IVS — Credit Rating and Financial Key Figures

Kalhave Horses IVS (CVR number: 39229897) is a company from MORSØ. The company reported a net sales of -0 mDKK in 2020, demonstrating a decline of -130.3 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0 mDKK), while net earnings were -1.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -39.2 %, which can be considered poor and Return on Equity (ROE) was -73.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.6 %, 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. Kalhave Horses IVS's liquidity measured by quick ratio was 2.2 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.