HARDAM HOLDING A/S — Credit Rating and Financial Key Figures

HARDAM HOLDING A/S (CVR number: 26988969K) is a company from HOLSTEBRO. The company recorded a gross profit of 18.5 mDKK in 2017. The operating profit was 8610.8 kDKK, while net earnings were 8363.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good but Return on Equity (ROE) was 17.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.4 %, 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. HARDAM HOLDING A/S's liquidity measured by quick ratio was 2.2 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.