H.J. HANSEN RECYCLING A/S — Credit Rating and Financial Key Figures

H.J. HANSEN RECYCLING A/S (CVR number: 24336212K) is a company from ODENSE. The company reported a net sales of 2851.7 mDKK in 2023, demonstrating a decline of -22.4 % compared to the previous year. The operating profit percentage was at 2.9 % (EBIT: 82.5 mDKK), while net earnings were 57.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.3 %, which can be considered good but Return on Equity (ROE) was 27.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.8 %, 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. H.J. HANSEN RECYCLING A/S'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.