Hardware Udvikling ApS — Credit Rating and Financial Key Figures

Hardware Udvikling ApS (CVR number: 37250252) is a company from FREDERICIA. The company recorded a gross profit of -688 kDKK in 2016. The operating profit was -7792.1 kDKK, while net earnings were -6534.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -47.2 %, which can be considered poor and Return on Equity (ROE) was -65.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -40.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Hardware Udvikling 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.