House Of European Design ApS — Credit Rating and Financial Key Figures

House Of European Design ApS (CVR number: 37400831) is a company from HOLSTEBRO. The company recorded a gross profit of 313.8 kDKK in 2023. The operating profit was -103.7 kDKK, while net earnings were -105.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.5 %, which can be considered poor and Return on Equity (ROE) was -27.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71 %, 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. House Of European Design ApS's liquidity measured by quick ratio was 3.4 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.