HG holding Billum ApS — Credit Rating and Financial Key Figures

HG holding Billum ApS (CVR number: 38506404) is a company from VARDE. The company recorded a gross profit of 1282.6 kDKK in 2024. The operating profit was 1021.4 kDKK, while net earnings were 812.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 6.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HG holding Billum ApS's liquidity measured by quick ratio was 25.2 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.