HOVE GROUP A/S — Credit Rating and Financial Key Figures

HOVE GROUP A/S (CVR number: 25469682) is a company from THISTED. The company recorded a gross profit of -126.1 kDKK in 2024. The operating profit was -806.1 kDKK, while net earnings were 40.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good but Return on Equity (ROE) was 17 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HOVE GROUP A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.