T. HØYBYE TRADING ApS — Credit Rating and Financial Key Figures

T. HØYBYE TRADING ApS (CVR number: 67290518) is a company from NYBORG. The company recorded a gross profit of 541.2 kDKK in 2023. The operating profit was 161.8 kDKK, while net earnings were -17.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak but Return on Equity (ROE) was -0.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.7 %, 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. T. HØYBYE TRADING ApS's liquidity measured by quick ratio was 4.7 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.