HOUSE OF ASIA A/S — Credit Rating and Financial Key Figures

HOUSE OF ASIA A/S (CVR number: 33080565) is a company from DRAGØR. The company recorded a gross profit of 825.1 kDKK in 2023. The operating profit was 226.3 kDKK, while net earnings were -228.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.6 %, which can be considered excellent but Return on Equity (ROE) was -22.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.5 %, 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. HOUSE OF ASIA A/S's liquidity measured by quick ratio was 2.4 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.