HØNG DÆK OG MASKINSERVICE ApS — Credit Rating and Financial Key Figures

HØNG DÆK OG MASKINSERVICE ApS (CVR number: 33396848) is a company from KALUNDBORG. The company reported a net sales of 1 mDKK in 2016. The operating profit percentage was at 11.6 % (EBIT: 0.1 mDKK), while net earnings were 117.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.3 %, which can be considered excellent and Return on Equity (ROE) was 98.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.6 %, 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. HØNG DÆK OG MASKINSERVICE ApS's liquidity measured by quick ratio was 0.1 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.