Hygmyg ApS — Credit Rating and Financial Key Figures

Hygmyg ApS (CVR number: 37153478) is a company from GENTOFTE. The company recorded a gross profit of -73.6 kDKK in 2016. The operating profit was -75.8 kDKK, while net earnings were -80.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -72.5 %, which can be considered poor and Return on Equity (ROE) was -161.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.8 %, 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. Hygmyg ApS'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.