Hovendals ApS — Credit Rating and Financial Key Figures

Hovendals ApS (CVR number: 43598953) is a company from NORDFYNS. The company recorded a gross profit of 1051.9 kDKK in 2024. The operating profit was 42.4 kDKK, while net earnings were 30.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 18.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25 %, 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. Hovendals ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.