HANG ON A/S — Credit Rating and Financial Key Figures

HANG ON A/S (CVR number: 30584821) is a company from HERNING. The company recorded a gross profit of 2318.9 kDKK in 2023. The operating profit was 1013 kDKK, while net earnings were 801.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.5 %, which can be considered excellent and Return on Equity (ROE) was 33.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HANG ON A/S's liquidity measured by quick ratio was 1.8 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.