HVIDE SANDE TAGRENS ApS — Credit Rating and Financial Key Figures

HVIDE SANDE TAGRENS ApS (CVR number: 26426170) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 854.1 kDKK in 2023. The operating profit was 109.2 kDKK, while net earnings were 28.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good but Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -16.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HVIDE SANDE TAGRENS ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.