HVIDEVARELAND FINANS ApS — Credit Rating and Financial Key Figures

HVIDEVARELAND FINANS ApS (CVR number: 21528498) is a company from HOLSTEBRO. The company recorded a gross profit of -8.4 kDKK in 2023. The operating profit was -8.4 kDKK, while net earnings were 11 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.5 %, which can be considered poor but Return on Equity (ROE) was 40.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.6 %, 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. HVIDEVARELAND FINANS 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.