HENNE STRAND CAMPING ApS — Credit Rating and Financial Key Figures

HENNE STRAND CAMPING ApS (CVR number: 16708003) is a company from VARDE. The company recorded a gross profit of 13.7 mDKK in 2023. The operating profit was 4561.4 kDKK, while net earnings were 2802.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good but Return on Equity (ROE) was 28.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HENNE STRAND CAMPING ApS's liquidity measured by quick ratio was 0.3 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.