HUMMELGAARD ApS — Credit Rating and Financial Key Figures

HUMMELGAARD ApS (CVR number: 30536924) is a company from NORDFYNS. The company recorded a gross profit of -8.6 kDKK in 2020. The operating profit was -8.6 kDKK, while net earnings were -8.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.5 %, which can be considered poor and Return on Equity (ROE) was -7.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.8 %, 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. HUMMELGAARD ApS's liquidity measured by quick ratio was 4.9 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.