Høj Byg Varde ApS — Credit Rating and Financial Key Figures

Høj Byg Varde ApS (CVR number: 38165615) is a company from VARDE. The company recorded a gross profit of 1189.6 kDKK in 2020. The operating profit was 626.4 kDKK, while net earnings were 460.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.7 %, which can be considered excellent and Return on Equity (ROE) was 74.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.8 %, 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. Høj Byg Varde ApS'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.