Horsevænget ApS — Credit Rating and Financial Key Figures

CVR number: 42410624
Meldahlsgade 5, 1613 København V
cej@cej.dk

Credit rating

Company information

Official name
Horsevænget ApS
Established
2021
Company form
Private limited company
Industry

About Horsevænget ApS

Horsevænget ApS (CVR number: 42410624) is a company from KØBENHAVN. The company recorded a gross profit of 2533.4 kDKK in 2024. The operating profit was 1972.6 kDKK, while net earnings were -426.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak but Return on Equity (ROE) was -2.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.7 %, 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. Horsevænget ApS's liquidity measured by quick ratio was 0.3 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit- 825.722 367.562 533.36
EBIT- 825.721 706.271 972.64
Net earnings-1 743.60-1 298.80- 426.25
Shareholders equity total-1 703.6015 355.5914 929.34
Balance sheet total (assets)57 345.5860 764.4160 527.38
Net debt47 909.8043 522.2043 406.50
Profitability
EBIT-%
ROA-1.4 %2.8 %3.3 %
ROE-3.0 %-8.5 %-2.8 %
ROI-1.5 %2.9 %3.3 %
Economic value added (EVA)- 643.15-1 778.191 211.45- 965.04
Solvency
Equity ratio-2.9 %25.3 %24.7 %
Gearing-3211.5 %284.3 %293.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.80.20.3
Current ratio1.80.20.3
Cash and cash equivalents6 801.12133.31384.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:3.28%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.7%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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