Hasselvangen Ejendomme ApS — Credit Rating and Financial Key Figures

Hasselvangen Ejendomme ApS (CVR number: 29629560) is a company from MIDDELFART. The company recorded a gross profit of 3873.7 kDKK in 2023. The operating profit was 7673.7 kDKK, while net earnings were 5329.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good but Return on Equity (ROE) was 18.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.8 %, 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. Hasselvangen Ejendomme ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.