HANDELSFIRMAET HANGAARD ApS — Credit Rating and Financial Key Figures

HANDELSFIRMAET HANGAARD ApS (CVR number: 29426856) is a company from THISTED. The company recorded a gross profit of 3528.3 kDKK in 2023. The operating profit was 707.7 kDKK, while net earnings were 488.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 66.8 %, 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. HANDELSFIRMAET HANGAARD ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.