Hospitality Development A/S — Credit Rating and Financial Key Figures

Hospitality Development A/S (CVR number: 38841424) is a company from ASSENS. The company recorded a gross profit of 14.6 mDKK in 2023. The operating profit was 14.6 mDKK, while net earnings were 10.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 72.1 %, which can be considered excellent and Return on Equity (ROE) was 173.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.8 %, 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. Hospitality Development A/S's liquidity measured by quick ratio was 1.8 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.