Højbjergs Smedie og VVS ApS — Credit Rating and Financial Key Figures

Højbjergs Smedie og VVS ApS (CVR number: 38748866) is a company from Brønderslev. The company recorded a gross profit of 5531.2 kDKK in 2023. The operating profit was 886.8 kDKK, while net earnings were 708.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.2 %, which can be considered good but Return on Equity (ROE) was 20.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Højbjergs Smedie og VVS ApS's liquidity measured by quick ratio was 1.5 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.