HighLow Pressure ApS — Credit Rating and Financial Key Figures

HighLow Pressure ApS (CVR number: 42871222) is a company from VEJEN. The company recorded a gross profit of 1499.7 kDKK in 2023. The operating profit was 50.9 kDKK, while net earnings were 35.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, 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 26.7 %, 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. HighLow Pressure ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.