H.C. HOVMAND ENGINEERING A/S

H.C. HOVMAND ENGINEERING A/S (CVR number: 25684753) is a company from SORØ. The company recorded a gross profit of -296.7 kDKK in 2023. The operating profit was -296.7 kDKK, while net earnings were -314.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.2 %, which can be considered poor and Return on Equity (ROE) was -45.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -2.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. H.C. HOVMAND ENGINEERING A/S's liquidity measured by quick ratio was 1 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.