Yngve Höglund Trading Denmark ApS — Credit Rating and Financial Key Figures

Yngve Höglund Trading Denmark ApS (CVR number: 43464035) is a company from FREDERIKSHAVN. The company recorded a gross profit of 9.8 kDKK in 2023. The operating profit was 6.2 kDKK, while net earnings were -0.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was -0.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30 %, 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. Yngve Höglund Trading Denmark ApS's liquidity measured by quick ratio was 1.4 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.