Hobbii A/S — Credit Rating and Financial Key Figures

Hobbii A/S (CVR number: 36909587K) is a company from KØBENHAVN. The company reported a net sales of 585.5 mDKK in 2023, demonstrating a decline of -30 % compared to the previous year. The operating profit percentage was at 6.2 % (EBIT: 36.4 mDKK), while net earnings were 21.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.2 %, which can be considered excellent and Return on Equity (ROE) was 39.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.6 %, 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. Hobbii 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.