HUGIN & MUNIN ApS

HUGIN & MUNIN ApS (CVR number: 32062989) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 4058.7 kDKK in 2017. The operating profit was 221.2 kDKK, while net earnings were 59.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good but Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -64.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HUGIN & MUNIN ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.