Høegh VVS ApS — Credit Rating and Financial Key Figures

Høegh VVS ApS (CVR number: 41011262) is a company from KUJALLEQ. The company recorded a gross profit of 3101.4 kDKK in 2023. The operating profit was 964.4 kDKK, while net earnings were 597.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.5 %, which can be considered excellent and Return on Equity (ROE) was 83.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.6 %, 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. Høegh VVS ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.