HONG & WANG ApS

HONG & WANG ApS (CVR number: 33863209) is a company from KØBENHAVN. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a growth of 2.1 % compared to the previous year. The operating profit percentage was at 8.6 % (EBIT: 0 mDKK), while net earnings were 30.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.9 %, which can be considered excellent and Return on Equity (ROE) was 71.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.1 %, 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. HONG & WANG ApS'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.