Houge Furniture ApS

Houge Furniture ApS (CVR number: 38704788) is a company from VIBORG. The company recorded a gross profit of 1646.5 kDKK in 2023. The operating profit was 676.8 kDKK, while net earnings were 488.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 112 %, which can be considered excellent and Return on Equity (ROE) was 153.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.8 %, 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. Houge Furniture ApS's liquidity measured by quick ratio was 2.3 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.