Hove og Rasmussen Holding ApS — Credit Rating and Financial Key Figures

Hove og Rasmussen Holding ApS (CVR number: 41419725) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 100.9 kDKK in 2022. The operating profit was 99.1 kDKK, while net earnings were 130.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.2 %, which can be considered excellent and Return on Equity (ROE) was 24.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Hove og Rasmussen Holding ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.