HYGIND SMEDIE ApS — Credit Rating and Financial Key Figures

HYGIND SMEDIE ApS (CVR number: 66218015) is a company from MIDDELFART. The company recorded a gross profit of 9593.7 kDKK in 2019. The operating profit was 2116.1 kDKK, while net earnings were 1734.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.2 %, which can be considered excellent and Return on Equity (ROE) was 84 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.7 %, 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. HYGIND SMEDIE ApS's liquidity measured by quick ratio was 1.8 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.