HOTEL DEVELOPMENT S. AFRICA A/S — Credit Rating and Financial Key Figures

HOTEL DEVELOPMENT S. AFRICA A/S (CVR number: 21772682) is a company from KØBENHAVN. The company recorded a gross profit of -47 kDKK in 2023. The operating profit was -47 kDKK, while net earnings were 3585 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.5 %, which can be considered good but Return on Equity (ROE) was 18.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HOTEL DEVELOPMENT S. AFRICA A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.