HAUNGAARD MØBLER A/S, SCANDINAVIAN DESIGN — Credit Rating and Financial Key Figures

HAUNGAARD MØBLER A/S, SCANDINAVIAN DESIGN (CVR number: 20936843) is a company from HJØRRING. The company recorded a gross profit of 1865 kDKK in 2024. The operating profit was -978.8 kDKK, while net earnings were -733.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.8 %, which can be considered poor and Return on Equity (ROE) was -19.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HAUNGAARD MØBLER A/S, SCANDINAVIAN DESIGN's liquidity measured by quick ratio was 3.4 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.