S.E. Hovedgaard Engineering A/S — Credit Rating and Financial Key Figures

S.E. Hovedgaard Engineering A/S (CVR number: 36960337) is a company from HORSENS. The company recorded a gross profit of -146.6 kDKK in 2023. The operating profit was -171.3 kDKK, while net earnings were -165.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.4 %, which can be considered poor and Return on Equity (ROE) was -13.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. S.E. Hovedgaard Engineering A/S's liquidity measured by quick ratio was 1.8 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.