HERTZ & ØDUM FORSIKRINGSMÆGLERE A/S — Credit Rating and Financial Key Figures

HERTZ & ØDUM FORSIKRINGSMÆGLERE A/S (CVR number: 28865058) is a company from RUDERSDAL. The company recorded a gross profit of 2546.1 kDKK in 2023. The operating profit was 1434 kDKK, while net earnings were 1121.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 59.6 %, which can be considered excellent and Return on Equity (ROE) was 194.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.9 %, 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. HERTZ & ØDUM FORSIKRINGSMÆGLERE A/S's liquidity measured by quick ratio was 1.4 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.