HHP HOLDING KVONG ApS — Credit Rating and Financial Key Figures

HHP HOLDING KVONG ApS (CVR number: 36556102) is a company from VARDE. The company recorded a gross profit of 102.8 kDKK in 2023. The operating profit was 102.8 kDKK, while net earnings were 98.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good and Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 84.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HHP HOLDING KVONG ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.