Hedegaard Boring A/S — Credit Rating and Financial Key Figures

Hedegaard Boring A/S (CVR number: 38043129) is a company from MORSØ. The company recorded a gross profit of 5852.7 kDKK in 2024. The operating profit was 5700.8 kDKK, while net earnings were 4637.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 86.3 %, which can be considered excellent and Return on Equity (ROE) was 146.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Hedegaard Boring A/S's liquidity measured by quick ratio was 2.8 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.