Hersted Ejendomme A/S — Credit Rating and Financial Key Figures

Hersted Ejendomme A/S (CVR number: 29787646) is a company from FREDERICIA. The company reported a net sales of 1.3 mDKK in 2018, demonstrating a decline of -33.2 % compared to the previous year. The operating profit percentage was at 92.2 % (EBIT: 1.2 mDKK), while net earnings were 1256.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 14.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 34.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Hersted Ejendomme A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.