FONDEN HARTEVÆRKET — Credit Rating and Financial Key Figures

FONDEN HARTEVÆRKET (CVR number: 30348834) is a company from KOLDING. The company reported a net sales of 3.3 mDKK in 2024, demonstrating a growth of 3.8 % compared to the previous year. The operating profit percentage was at 14.9 % (EBIT: 0.5 mDKK), while net earnings were 480.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak but Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 20.9 %, 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. FONDEN HARTEVÆRKET's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.