Hassing Biler Aps — Credit Rating and Financial Key Figures

Hassing Biler Aps (CVR number: 43932330) is a company from ROSKILDE. The company recorded a gross profit of 8480.2 kDKK in 2024, demonstrating a growth of 0 % compared to the previous year. The operating profit was 933.3 kDKK, while net earnings were 673.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.7 %, which can be considered excellent and Return on Equity (ROE) was 52.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 7.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Hassing Biler 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.