HR. SKOV FINE WINE ApS — Credit Rating and Financial Key Figures

HR. SKOV FINE WINE ApS (CVR number: 36036478) is a company from VARDE. The company recorded a gross profit of -8.7 kDKK in 2017. The operating profit was -8.7 kDKK, while net earnings were -13.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.4 %, which can be considered poor and Return on Equity (ROE) was -8.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HR. SKOV FINE WINE ApS's liquidity measured by quick ratio was 3.1 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.