Luxury by Ho ApS — Credit Rating and Financial Key Figures

Luxury by Ho ApS (CVR number: 40494669) is a company from KØBENHAVN. The company recorded a gross profit of 1357.8 kDKK in 2023. The operating profit was -117.8 kDKK, while net earnings were -115.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.2 %, which can be considered poor and Return on Equity (ROE) was -11.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.1 %, 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. Luxury by Ho ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.