HOJ Nordic Marine Contractor A/S — Credit Rating and Financial Key Figures

HOJ Nordic Marine Contractor A/S (CVR number: 31474701) is a company from HORSENS. The company recorded a gross profit of 40.9 mDKK in 2023. The operating profit was 7238.3 kDKK, while net earnings were 3400.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good and Return on Equity (ROE) was 11.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 39.8 %, 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. HOJ Nordic Marine Contractor A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.