Herning Missionshotel A/S — Credit Rating and Financial Key Figures

Herning Missionshotel A/S (CVR number: 29527288) is a company from HERNING. The company recorded a gross profit of 703.8 kDKK in 2023. The operating profit was 263.8 kDKK, while net earnings were -18 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.6 %, 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. Herning Missionshotel A/S's liquidity measured by quick ratio was 1.7 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.