HAMMER-HØYER BILER A/S — Credit Rating and Financial Key Figures

HAMMER-HØYER BILER A/S (CVR number: 26621798) is a company from AALBORG. The company recorded a gross profit of 5560.3 kDKK in 2023. The operating profit was 1682.6 kDKK, while net earnings were 678.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good but Return on Equity (ROE) was 20.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.8 %, 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. HAMMER-HØYER BILER A/S's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.