EJENDOMSSELSKABET HENCAR A/S — Credit Rating and Financial Key Figures

EJENDOMSSELSKABET HENCAR A/S (CVR number: 75939515) is a company from HJØRRING. The company recorded a gross profit of -5.1 kDKK in 2018. The operating profit was -5.1 kDKK, while net earnings were 750.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good and Return on Equity (ROE) was 13.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 50.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. EJENDOMSSELSKABET HENCAR A/S's liquidity measured by quick ratio was 0.2 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.