FRANK HANSEN, HOVEN HOLDING ApS — Credit Rating and Financial Key Figures

FRANK HANSEN, HOVEN HOLDING ApS (CVR number: 35834842K) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 63 mDKK in 2023. The operating profit was 14.9 mDKK, while net earnings were 12.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.4 %, which can be considered good and Return on Equity (ROE) was 13.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 61.8 %, 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. FRANK HANSEN, HOVEN HOLDING ApS's liquidity measured by quick ratio was 1.5 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.