Hovedgård Maskinhandel ApS — Credit Rating and Financial Key Figures

Hovedgård Maskinhandel ApS (CVR number: 38329898) is a company from HORSENS. The company recorded a gross profit of -17.6 kDKK in 2023. The operating profit was -39.6 kDKK, while net earnings were -31.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.9 %, which can be considered poor and Return on Equity (ROE) was -3.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -6.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Hovedgård Maskinhandel ApS's liquidity measured by quick ratio was 13 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.