Hoej IVS — Credit Rating and Financial Key Figures

Hoej IVS (CVR number: 38796852) is a company from HERNING. The company reported a net sales of 0 mDKK in 2019, demonstrating a decline of -96.2 % compared to the previous year. The operating profit percentage was at 89.8 % (EBIT: 0 mDKK), while net earnings were 4.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak and Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 70.3 %, 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. Hoej IVS's liquidity measured by quick ratio was 3.4 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.