Hovbakken ApS — Credit Rating and Financial Key Figures

Hovbakken ApS (CVR number: 31155649K) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -216.8 kDKK in 2024. The operating profit was -726.6 kDKK, while net earnings were 181.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was 226.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Hovbakken ApS's liquidity measured by quick ratio was 154.1 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.