Happy Life ApS — Credit Rating and Financial Key Figures

Happy Life ApS (CVR number: 35468773) is a company from VARDE. The company recorded a gross profit of 4594.1 kDKK in 2022. The operating profit was 521.2 kDKK, while net earnings were 408.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good and Return on Equity (ROE) was 12.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 73.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Happy Life ApS's liquidity measured by quick ratio was 3.1 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.