Odgaard Horses ApS — Credit Rating and Financial Key Figures

Odgaard Horses ApS (CVR number: 43772538) is a company from HOLBÆK. The company recorded a gross profit of -276.8 kDKK in 2024. The operating profit was -337.6 kDKK, while net earnings were -239.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.8 %, which can be considered poor and Return on Equity (ROE) was -51.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Odgaard Horses ApS's liquidity measured by quick ratio was 2.3 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.