HARTMANNS KØRESKOLE ApS — Credit Rating and Financial Key Figures

HARTMANNS KØRESKOLE ApS (CVR number: 20991194) is a company from AARHUS. The company recorded a gross profit of 575.8 kDKK in 2023. The operating profit was 127.5 kDKK, while net earnings were 95.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.3 %, which can be considered excellent and Return on Equity (ROE) was 38.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 10.8 %, 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. HARTMANNS KØRESKOLE ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.