Hultgren Construction ApS — Credit Rating and Financial Key Figures

Hultgren Construction ApS (CVR number: 41125977) is a company from HELSINGØR. The company recorded a gross profit of 102.1 kDKK in 2023. The operating profit was 49 kDKK, while net earnings were -10.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was -1.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -43.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Hultgren Construction ApS's liquidity measured by quick ratio was 9.4 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.