HØ HOLDING, IKAST ApS — Credit Rating and Financial Key Figures

HØ HOLDING, IKAST ApS (CVR number: 32892620) is a company from IKAST-BRANDE. The company recorded a gross profit of 182.6 kDKK in 2023. The operating profit was 157.8 kDKK, while net earnings were 3440.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.4 %, which can be considered excellent and Return on Equity (ROE) was 34.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HØ HOLDING, IKAST ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.