HØRVE MASKINHANDEL A/S — Credit Rating and Financial Key Figures

HØRVE MASKINHANDEL A/S (CVR number: 25503082) is a company from ODSHERRED. The company recorded a gross profit of 1658.1 kDKK in 2023. The operating profit was 1400.6 kDKK, while net earnings were 1162.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.7 %, which can be considered excellent and Return on Equity (ROE) was 31.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.4 %, 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. HØRVE MASKINHANDEL A/S's liquidity measured by quick ratio was 4.4 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.