Hjortshøj Holding, Varde ApS — Credit Rating and Financial Key Figures

Hjortshøj Holding, Varde ApS (CVR number: 43379283) is a company from VARDE. The company reported a net sales of 2.4 mDKK in 2023, demonstrating a decline of -9.2 % compared to the previous year. The operating profit percentage was at 99.4 % (EBIT: 2.4 mDKK), while net earnings were 2414.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.6 %, which can be considered excellent and Return on Equity (ROE) was 19.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 94.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Hjortshøj Holding, Varde ApS's liquidity measured by quick ratio was 2.6 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.