Hartvig & Engell K/S — Credit Rating and Financial Key Figures

Hartvig & Engell K/S (CVR number: 41929359) is a company from KØBENHAVN. The company recorded a gross profit of 1261.3 kDKK in 2023. The operating profit was -0.4 kDKK, while net earnings were -9.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered weak but Return on Equity (ROE) was -2.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.2 %, 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. Hartvig & Engell K/S's liquidity measured by quick ratio was 4.2 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.