SINDING HOVEDGADE ApS — Credit Rating and Financial Key Figures

SINDING HOVEDGADE ApS (CVR number: 32097162) is a company from HERNING. The company recorded a gross profit of 188.1 kDKK in 2021. The operating profit was 6.4 kDKK, while net earnings were -1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.2 %, 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. SINDING HOVEDGADE ApS's liquidity measured by quick ratio was 1.7 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.