HDC GLASSKADER HOLDING ApS — Credit Rating and Financial Key Figures

HDC GLASSKADER HOLDING ApS (CVR number: 32260608) is a company from HJØRRING. The company reported a net sales of 1.1 mDKK in 2023, demonstrating a growth of 23.9 % compared to the previous year. The operating profit percentage was at 97.4 % (EBIT: 1.1 mDKK), while net earnings were 1103.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good and Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 94.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HDC GLASSKADER HOLDING ApS's liquidity measured by quick ratio was 7.2 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.