Haves Advanced Paint Solutions ApS — Credit Rating and Financial Key Figures

Haves Advanced Paint Solutions ApS (CVR number: 44166976) is a company from ASSENS. The company recorded a gross profit of 90 kDKK in 2024. The operating profit was 81.2 kDKK, while net earnings were 63.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 50.5 %, which can be considered excellent and Return on Equity (ROE) was 61.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64 %, 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. Haves Advanced Paint Solutions ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.