Hermes & Balder ApS — Credit Rating and Financial Key Figures

Hermes & Balder ApS (CVR number: 40771077) is a company from RØDOVRE. The company recorded a gross profit of 2060.6 kDKK in 2023. The operating profit was 2060.6 kDKK, while net earnings were 1612.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 93.3 %, which can be considered excellent and Return on Equity (ROE) was 95.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.4 %, 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. Hermes & Balder ApS's liquidity measured by quick ratio was 4.2 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.