HOVBORG KRO HOLDING ApS — Credit Rating and Financial Key Figures

HOVBORG KRO HOLDING ApS (CVR number: 26228107) is a company from VEJEN. The company recorded a gross profit of -9.5 kDKK in 2023. The operating profit was -9.5 kDKK, while net earnings were 356.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good and Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HOVBORG KRO HOLDING ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.