HOVEN MØLLE DAMBRUG ApS

HOVEN MØLLE DAMBRUG ApS (CVR number: 20030593) is a company from HEDENSTED. The company recorded a gross profit of 5022.1 kDKK in 2023. The operating profit was 2518 kDKK, while net earnings were 1577.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good but Return on Equity (ROE) was 25.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.4 %, 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. HOVEN MØLLE DAMBRUG ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.