OLAV W. HANSEN A/S — Credit Rating and Financial Key Figures

OLAV W. HANSEN A/S (CVR number: 17697846K) is a company from HORSENS. The company reported a net sales of 21.6 mDKK in 2020, demonstrating a decline of -46.7 % compared to the previous year. The operating profit percentage was at 47.1 % (EBIT: 10.2 mDKK), while net earnings were 73.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.9 %, which can be considered excellent and Return on Equity (ROE) was 25.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.9 %, 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. OLAV W. HANSEN A/S's liquidity measured by quick ratio was 3.5 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.