Happy Day Foods A/S — Credit Rating and Financial Key Figures

Happy Day Foods A/S (CVR number: 18328380) is a company from AARHUS. The company recorded a gross profit of -10.1 kDKK in 2018. The operating profit was -10.1 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Happy Day Foods A/S's liquidity measured by quick ratio was 103.3 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.