HØVINGHOF HOLDING ApS — Credit Rating and Financial Key Figures

HØVINGHOF HOLDING ApS (CVR number: 35380477) is a company from VARDE. The company reported a net sales of 1.2 mDKK in 2023, demonstrating a growth of 13 % compared to the previous year. The operating profit percentage was at 153.2 % (EBIT: 1.8 mDKK), while net earnings were 1618.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good and Return on Equity (ROE) was 14.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HØVINGHOF HOLDING ApS's liquidity measured by quick ratio was 11.2 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.