HARBO VVS ApS — Credit Rating and Financial Key Figures

HARBO VVS ApS (CVR number: 35383360) is a company from SOLRØD. The company recorded a gross profit of 2688.5 kDKK in 2023. The operating profit was 477.8 kDKK, while net earnings were 335.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.6 %, which can be considered excellent and Return on Equity (ROE) was 40 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.9 %, 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. HARBO VVS ApS's liquidity measured by quick ratio was 1.6 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.