HOUGAARD A/S — Credit Rating and Financial Key Figures

HOUGAARD A/S (CVR number: 31491118) is a company from VIBORG. The company recorded a gross profit of -20.4 kDKK in 2023. The operating profit was -560.4 kDKK, while net earnings were -656 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.7 %, which can be considered poor and Return on Equity (ROE) was -48.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.9 %, 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. HOUGAARD A/S's liquidity measured by quick ratio was 4.1 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.