HASTINGS DENMARK ApS — Credit Rating and Financial Key Figures

HASTINGS DENMARK ApS (CVR number: 32478654) is a company from HØJE TAASTRUP. The company recorded a gross profit of 8162 kDKK in 2017. The operating profit was 400 kDKK, while net earnings were 500 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -25.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HASTINGS DENMARK ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.