I/S Heartland Festival

I/S Heartland Festival (CVR number: 37074446) is a company from KØBENHAVN. The company recorded a gross profit of 1195 kDKK in 2023. The operating profit was 1086 kDKK, while net earnings were 1934 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent and Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. I/S Heartland Festival's liquidity measured by quick ratio was 3.9 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.