HOV Holding ApS — Credit Rating and Financial Key Figures

HOV Holding ApS (CVR number: 45289656K) is a company from THISTED. The company recorded a gross profit of 24.4 mDKK in 2024. The operating profit was 2038.5 kDKK, while net earnings were -1344.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.7 %, 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 Holding 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.