HGX A/S — Credit Rating and Financial Key Figures

HGX A/S (CVR number: 38596659) is a company from ODENSE. The company recorded a gross profit of 5828.4 kDKK in 2021. The operating profit was 151.3 kDKK, while net earnings were 4613.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good but Return on Equity (ROE) was 16 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.8 %, 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. HGX A/S's liquidity measured by quick ratio was 1.1 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.