HOLMRIS B8 A/S

HOLMRIS B8 A/S (CVR number: 21320080) is a company from VIBORG. The company reported a net sales of 780 mDKK in 2020, demonstrating a decline of -15.8 % compared to the previous year. The operating profit percentage was poor at -0.6 % (EBIT: -4.6 mDKK), while net earnings were 10.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor but Return on Equity (ROE) was 20.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. HOLMRIS B8 A/S's liquidity measured by quick ratio was 0.4 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.