Hvass IT ApS — Credit Rating and Financial Key Figures

Hvass IT ApS (CVR number: 42053848) is a company from KØBENHAVN. The company recorded a gross profit of -20.5 kDKK in 2024. The operating profit was -329 kDKK, while net earnings were 140.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good and Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Hvass IT ApS's liquidity measured by quick ratio was 73.3 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.