Horsager ApS — Credit Rating and Financial Key Figures

Horsager ApS (CVR number: 44121808) is a company from MORSØ. The company recorded a gross profit of -4.4 kDKK in 2023. The operating profit was -4.4 kDKK, while net earnings were 212.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.7 %, which can be considered excellent and Return on Equity (ROE) was 18.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Horsager ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.