Hotel Highway IVS — Credit Rating and Financial Key Figures

Hotel Highway IVS (CVR number: 37767565) is a company from FREDERIKSHAVN. The company recorded a gross profit of 59.4 kDKK in 2019. The operating profit was 59.4 kDKK, while net earnings were 45.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 47.9 %, which can be considered excellent and Return on Equity (ROE) was 75.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.2 %, 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. Hotel Highway IVS's liquidity measured by quick ratio was 2.3 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.