Hjørring Rørteknik 1991 ApS

Hjørring Rørteknik 1991 ApS (CVR number: 39386453) is a company from HJØRRING. The company recorded a gross profit of 4416.8 kDKK in 2023. The operating profit was 704.5 kDKK, while net earnings were 312.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good but Return on Equity (ROE) was 57.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 9.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Hjørring Rørteknik 1991 ApS's liquidity measured by quick ratio was 0.9 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.