HOLM EL & VVS A/S — Credit Rating and Financial Key Figures

HOLM EL & VVS A/S (CVR number: 70699915) is a company from AALBORG. The company recorded a gross profit of 42.2 mDKK in 2023. The operating profit was 3472 kDKK, while net earnings were 2385.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.9 %, which can be considered excellent and Return on Equity (ROE) was 57.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.6 %, 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. HOLM EL & VVS A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.