Hestbech Biler IVS — Credit Rating and Financial Key Figures

Hestbech Biler IVS (CVR number: 36407964) is a company from FAVRSKOV. The company recorded a gross profit of -13.2 kDKK in 2018. The operating profit was -13.2 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.8 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -19.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Hestbech Biler IVS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.