Home of Hygge ApS — Credit Rating and Financial Key Figures

Home of Hygge ApS (CVR number: 39323109) is a company from VARDE. The company recorded a gross profit of 677 kDKK in 2024. The operating profit was 64.7 kDKK, while net earnings were 34.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 68.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Home of Hygge ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.