Hvidevarehuset Middelfart ApS — Credit Rating and Financial Key Figures

Hvidevarehuset Middelfart ApS (CVR number: 34056455) is a company from MIDDELFART. The company recorded a gross profit of 1621.7 kDKK in 2023. The operating profit was -252.6 kDKK, while net earnings were -370 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.7 %, which can be considered poor and Return on Equity (ROE) was -22.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.8 %, 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. Hvidevarehuset Middelfart ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.