Halgaard Udvikling ApS — Credit Rating and Financial Key Figures

Halgaard Udvikling ApS (CVR number: 42921319) is a company from HOLSTEBRO. The company recorded a gross profit of -1370.6 kDKK in 2023. The operating profit was -2269.6 kDKK, while net earnings were -9202.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -10.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -12.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Halgaard Udvikling ApS's liquidity measured by quick ratio was 4.2 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.