HOVBY MASKINSNEDKERI ApS — Credit Rating and Financial Key Figures

HOVBY MASKINSNEDKERI ApS (CVR number: 27976832) is a company from FAXE. The company recorded a gross profit of 9905.7 kDKK in 2023. The operating profit was 1708.9 kDKK, while net earnings were 1276.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.1 %, which can be considered excellent and Return on Equity (ROE) was 21 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.6 %, 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. HOVBY MASKINSNEDKERI ApS's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.