HY Holding Hirtshals A/S — Credit Rating and Financial Key Figures

HY Holding Hirtshals A/S (CVR number: 42232769) is a company from HJØRRING. The company recorded a gross profit of -15 kDKK in 2023. The operating profit was -15 kDKK, while net earnings were 6273.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 167.1 %, which can be considered excellent and Return on Equity (ROE) was 168.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HY Holding Hirtshals A/S's liquidity measured by quick ratio was 0.2 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.