Hedeland Transport og Service ApS — Credit Rating and Financial Key Figures

Hedeland Transport og Service ApS (CVR number: 38017985) is a company from VIBORG. The company recorded a gross profit of 115.3 kDKK in 2022. The operating profit was 28.9 kDKK, while net earnings were 13 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 21.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.9 %, 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. Hedeland Transport og Service ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.