HERMANN C. BOYE & CO APS — Credit Rating and Financial Key Figures

HERMANN C. BOYE & CO APS (CVR number: 31866057) is a company from ÆRØ. The company recorded a gross profit of 549 kDKK in 2023, demonstrating a growth of 34 % compared to the previous year. The operating profit was 189.7 kDKK, while net earnings were 116.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.2 %, which can be considered good but Return on Equity (ROE) was 15.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HERMANN C. BOYE & CO APS's liquidity measured by quick ratio was 1.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.