HULGAARD ApS — Credit Rating and Financial Key Figures

HULGAARD ApS (CVR number: 31182638) is a company from KOLDING. The company recorded a gross profit of -59.7 kDKK in 2024. The operating profit was -85.2 kDKK, while net earnings were 97.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 67.4 %, 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. HULGAARD ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.