Hovgaard Entreprise ApS — Credit Rating and Financial Key Figures

Hovgaard Entreprise ApS (CVR number: 43705814) is a company from GENTOFTE. The company recorded a gross profit of 708.2 kDKK in 2023. The operating profit was 336.6 kDKK, while net earnings were 257.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 77.6 %, which can be considered excellent and Return on Equity (ROE) was 86.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.5 %, 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. Hovgaard Entreprise ApS's liquidity measured by quick ratio was 3.2 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.