Høvængegård ApS — Credit Rating and Financial Key Figures

Høvængegård ApS (CVR number: 42014362) is a company from VEJLE. The company recorded a gross profit of 5952 kDKK in 2023. The operating profit was 1894.1 kDKK, while net earnings were 1437 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 55 %, 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. Høvængegård ApS's liquidity measured by quick ratio was 0.2 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.