IDS HORNBÆK ApS — Credit Rating and Financial Key Figures

IDS HORNBÆK ApS (CVR number: 32471080) is a company from HELSINGØR. The company recorded a gross profit of 2617.8 kDKK in 2023. The operating profit was 2406.5 kDKK, while net earnings were 2113.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 52.8 %, which can be considered excellent and Return on Equity (ROE) was 69.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. IDS HORNBÆK ApS's liquidity measured by quick ratio was 0 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.