HOUGAARD & PIHL ApS — Credit Rating and Financial Key Figures

HOUGAARD & PIHL ApS (CVR number: 31490502) is a company from RINGSTED. The company recorded a gross profit of 10.1 mDKK in 2023. The operating profit was 1009.2 kDKK, while net earnings were 783.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.8 %, which can be considered excellent and Return on Equity (ROE) was 28.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.8 %, 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. HOUGAARD & PIHL ApS's liquidity measured by quick ratio was 2.3 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.