Hoei Denmark A/S — Credit Rating and Financial Key Figures

Hoei Denmark A/S (CVR number: 40736166) is a company from FAVRSKOV. The company recorded a gross profit of 3770 kDKK in 2023. The operating profit was -1131.3 kDKK, while net earnings were -1267.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.9 %, which can be considered poor and Return on Equity (ROE) was -33.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.1 %, 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. Hoei Denmark A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.