Dolphin Hotel Herning ApS — Credit Rating and Financial Key Figures

Dolphin Hotel Herning ApS (CVR number: 40531238) is a company from HERNING. The company recorded a gross profit of 6014.5 kDKK in 2023. The operating profit was 152.8 kDKK, while net earnings were 235.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 14.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 27.8 %, 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. Dolphin Hotel Herning ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.