Hifihandel ApS — Credit Rating and Financial Key Figures

Hifihandel ApS (CVR number: 39570289) is a company from FREDERIKSBERG. The company reported a net sales of 50.9 mDKK in 2019, demonstrating a growth of 13.9 % compared to the previous year. The operating profit percentage was at 0.9 % (EBIT: 0.4 mDKK), while net earnings were 374.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48.4 %, which can be considered excellent and Return on Equity (ROE) was 110.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.8 %, 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. Hifihandel ApS's liquidity measured by quick ratio was 23.1 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.