HTH Ølgod A/S — Credit Rating and Financial Key Figures

HTH Ølgod A/S (CVR number: 31169208) is a company from VARDE. The company recorded a gross profit of 15.7 mDKK in 2023. The operating profit was 2774.6 kDKK, while net earnings were 1805.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good and Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 35.7 %, 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. HTH Ølgod A/S'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.