Himmerlands Boligudlejning II ApS — Credit Rating and Financial Key Figures

Himmerlands Boligudlejning II ApS (CVR number: 40575146) is a company from VESTHIMMERLANDS. The company reported a net sales of 0 mDKK in 2019. The operating profit percentage was at 20.3 % (EBIT: 0 mDKK), while net earnings were -1.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak but Return on Equity (ROE) was -2.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 14.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Himmerlands Boligudlejning II ApS's liquidity measured by quick ratio was 1.7 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.