Højgaards Taxa ApS — Credit Rating and Financial Key Figures

Højgaards Taxa ApS (CVR number: 40000623) is a company from HOLSTEBRO. The company recorded a gross profit of 770.2 kDKK in 2019. The operating profit was 15.8 kDKK, while net earnings were 5.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 15.2 %, 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. Højgaards Taxa ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.