Hov Marine & Autocenter ApS — Credit Rating and Financial Key Figures

Hov Marine & Autocenter ApS (CVR number: 38055674) is a company from ODDER. The company recorded a gross profit of 3521.7 kDKK in 2024. The operating profit was 769.1 kDKK, while net earnings were 459.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.3 %, which can be considered excellent and Return on Equity (ROE) was 49.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27 %, 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. Hov Marine & Autocenter ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.