First Choice Horses A/S

CVR number: 40463291
Tangvej 2, Grensten 8870 Langå

Credit rating

Company information

Official name
First Choice Horses A/S
Established
2019
Domicile
Grensten
Company form
Limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About First Choice Horses A/S

First Choice Horses A/S (CVR number: 40463291) is a company from RANDERS. The company recorded a gross profit of 1571.7 kDKK in 2021. The operating profit was 1571.7 kDKK, while net earnings were 1358.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 58.7 %, which can be considered excellent and Return on Equity (ROE) was 54.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 94.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. First Choice Horses A/S's liquidity measured by quick ratio was 17 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20202021
Volume
Net sales
Gross profit- 698.711 571.75
EBIT- 698.711 571.75
Net earnings- 699.701 358.37
Shareholders equity total1 810.303 168.67
Balance sheet total (assets)1 987.903 366.96
Net debt- 777.19- 943.28
Profitability
EBIT-%
ROA-35.1 %58.7 %
ROE-38.7 %54.6 %
ROI-38.6 %63.1 %
Economic value added (EVA)- 698.711 330.75
Solvency
Equity ratio91.1 %94.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio4.417.0
Current ratio11.217.0
Cash and cash equivalents777.19943.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBC

Variable visualization

ROA:58.7%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.1%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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