H2 Solutions ApS — Credit Rating and Financial Key Figures

H2 Solutions ApS (CVR number: 37298263) is a company from MIDDELFART. The company recorded a gross profit of -7.4 kDKK in 2020. The operating profit was -7.4 kDKK, while net earnings were 22.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 16.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.4 %, 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. H2 Solutions ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.