Hot Air ApS — Credit Rating and Financial Key Figures

Hot Air ApS (CVR number: 37661961) is a company from RINGSTED. The company recorded a gross profit of 275.9 kDKK in 2023. The operating profit was 14 kDKK, while net earnings were 14 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 54.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.5 %, 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. Hot Air ApS's liquidity measured by quick ratio was 7.1 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.