FONDEN HARTEVÆRKET

FONDEN HARTEVÆRKET (CVR number: 30348834) is a company from KOLDING. The company reported a net sales of 3.1 mDKK in 2023, demonstrating a decline of -7.9 % compared to the previous year. The operating profit percentage was at 5.2 % (EBIT: 0.2 mDKK), while net earnings were 151.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak and Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 17.9 %, 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. FONDEN HARTEVÆRKET's liquidity measured by quick ratio was 39.3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.