Hoyer Group A/S — Credit Rating and Financial Key Figures

Hoyer Group A/S (CVR number: 37629847K) is a company from FAVRSKOV. The company reported a net sales of 715.4 mDKK in 2023, demonstrating a growth of 0.6 % compared to the previous year. The operating profit percentage was at 11.3 % (EBIT: 80.8 mDKK), while net earnings were 65.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good but Return on Equity (ROE) was 16.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.4 %, 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. Hoyer Group A/S's liquidity measured by quick ratio was 1.4 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.