HICO MASKINTEKNIK ApS — Credit Rating and Financial Key Figures

HICO MASKINTEKNIK ApS (CVR number: 76248311) is a company from HELSINGØR. The company recorded a gross profit of -25.2 kDKK in 2020. The operating profit was -62.7 kDKK, while net earnings were 165.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good and Return on Equity (ROE) was 13.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 75.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HICO MASKINTEKNIK ApS's liquidity measured by quick ratio was 4.1 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.