HAUGEN-GRUPPEN DENMARK A/S — Credit Rating and Financial Key Figures

HAUGEN-GRUPPEN DENMARK A/S (CVR number: 35069712) is a company from GREVE. The company reported a net sales of 591.4 mDKK in 2023, demonstrating a growth of 19.2 % compared to the previous year. The operating profit percentage was at 2.9 % (EBIT: 17.4 mDKK), while net earnings were 9721 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent but Return on Equity (ROE) was 12.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 32.1 %, 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. HAUGEN-GRUPPEN DENMARK A/S's liquidity measured by quick ratio was 1.1 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.