Steffen Houborg Holding ApS — Credit Rating and Financial Key Figures

Steffen Houborg Holding ApS (CVR number: 42185361) is a company from VEJEN. The company recorded a gross profit of -7.9 kDKK in 2022. The operating profit was -7.9 kDKK, while net earnings were 61 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good but Return on Equity (ROE) was 25.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.4 %, 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. Steffen Houborg Holding ApS's liquidity measured by quick ratio was 0.2 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.