Hugin ApS — Credit Rating and Financial Key Figures

Hugin ApS (CVR number: 37813915) is a company from ASSENS. The company recorded a gross profit of 413.3 kDKK in 2024. The operating profit was 223.2 kDKK, while net earnings were 190.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent but Return on Equity (ROE) was 15.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Hugin ApS's liquidity measured by quick ratio was 17.2 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.