Holstebrovej, Skive A/S — Credit Rating and Financial Key Figures

Holstebrovej, Skive A/S (CVR number: 39047438) is a company from HERNING. The company recorded a gross profit of 1030.3 kDKK in 2023. The operating profit was 745.2 kDKK, while net earnings were 465.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent but Return on Equity (ROE) was 9.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 39.6 %, 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. Holstebrovej, Skive A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.