HMS FURNITURE GROUP OF DENMARK K/S

HMS FURNITURE GROUP OF DENMARK K/S (CVR number: 25641434) is a company from AARHUS. The company recorded a gross profit of 6339.2 kDKK in 2023. The operating profit was 1848.9 kDKK, while net earnings were 1714.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good but Return on Equity (ROE) was 17.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.2 %, 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. HMS FURNITURE GROUP OF DENMARK K/S's liquidity measured by quick ratio was 1.3 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.