MARTIN HØFT A/S — Credit Rating and Financial Key Figures

MARTIN HØFT A/S (CVR number: 41384719) is a company from AARHUS. The company recorded a gross profit of 16 mDKK in 2023. The operating profit was 1679.4 kDKK, while net earnings were 1138.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 11.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 33.2 %, 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. MARTIN HØFT A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.