HUMMEL HOLDING A/S — Credit Rating and Financial Key Figures

HUMMEL HOLDING A/S (CVR number: 15238712) is a company from AARHUS. The company reported a net sales of 3.5 mDKK in 2023, demonstrating a decline of -10.4 % compared to the previous year. The operating profit percentage was poor at -214.3 % (EBIT: -7.6 mDKK), while net earnings were -87.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was -10.2 %, which can be considered poor and Return on Equity (ROE) was -48 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.2 %, 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. HUMMEL HOLDING A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.