Hvidevare-Centret Vejle A/S — Credit Rating and Financial Key Figures

Hvidevare-Centret Vejle A/S (CVR number: 38737732) is a company from VEJLE. The company recorded a gross profit of 5712.5 kDKK in 2023. The operating profit was 1162.3 kDKK, while net earnings were 1417.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good and Return on Equity (ROE) was 12.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 65.5 %, 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. Hvidevare-Centret Vejle A/S's liquidity measured by quick ratio was 1.8 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.