Hallumgade Farming ApS — Credit Rating and Financial Key Figures

Hallumgade Farming ApS (CVR number: 38454684) is a company from VARDE. The company recorded a gross profit of 3559.4 kDKK in 2024. The operating profit was -2232.7 kDKK, while net earnings were -1937.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.5 %, which can be considered poor and Return on Equity (ROE) was -21.6 %, which can be considered poor. 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. Hallumgade Farming ApS's liquidity measured by quick ratio was 3.4 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.