HOVEDSTADENS LOKALBANER A/S — Credit Rating and Financial Key Figures

HOVEDSTADENS LOKALBANER A/S (CVR number: 26125146) is a company from Høje-Taastrup. The company reported a net sales of 41.9 mDKK in 2023, demonstrating a growth of 2.6 % compared to the previous year. The operating profit percentage was at 9.9 % (EBIT: 4.1 mDKK), while net earnings were 6863 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 37.3 %, 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. HOVEDSTADENS LOKALBANER A/S's liquidity measured by quick ratio was 5.1 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.