HARTLEV ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HARTLEV ApS
HARTLEV ApS (CVR number: 67436911) is a company from ODSHERRED. The company reported a net sales of 0.1 mDKK in 2024, demonstrating a growth of 1.8 % compared to the previous year. The operating profit percentage was at 32.4 % (EBIT: 0 mDKK), while net earnings were 15.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak but Return on Equity (ROE) was 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 27.3 %, 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. HARTLEV ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 81.60 | 87.60 | 87.60 | 87.60 | 89.20 |
Gross profit | 29.69 | 45.99 | 44.73 | 44.88 | 45.84 |
EBIT | 12.79 | 29.09 | 27.83 | 27.97 | 28.94 |
Net earnings | 3.31 | 15.05 | 13.36 | 13.11 | 15.25 |
Shareholders equity total | 666.54 | 581.58 | 494.94 | 408.05 | 323.29 |
Balance sheet total (assets) | 1 181.04 | 1 158.49 | 1 165.72 | 1 300.77 | 1 184.24 |
Net debt | 207.39 | 295.33 | 354.53 | 417.25 | 478.34 |
Profitability | |||||
EBIT-% | 15.7 % | 33.2 % | 31.8 % | 31.9 % | 32.4 % |
ROA | 1.1 % | 2.5 % | 2.4 % | 2.3 % | 2.5 % |
ROE | 0.5 % | 2.4 % | 2.5 % | 2.9 % | 4.2 % |
ROI | 1.2 % | 2.6 % | 2.5 % | 2.3 % | 2.5 % |
Economic value added (EVA) | -21.12 | -2.67 | 0.61 | 6.62 | 20.14 |
Solvency | |||||
Equity ratio | 56.4 % | 50.2 % | 42.5 % | 31.4 % | 27.3 % |
Gearing | 68.8 % | 94.8 % | 129.9 % | 212.0 % | 258.8 % |
Relative net indebtedness % | 322.3 % | 366.6 % | 436.5 % | 508.1 % | 563.5 % |
Liquidity | |||||
Quick ratio | 0.8 | 0.7 | 0.6 | 0.6 | 0.5 |
Current ratio | 0.8 | 0.7 | 0.6 | 0.6 | 0.5 |
Cash and cash equivalents | 251.51 | 255.78 | 288.44 | 447.67 | 358.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -152.9 % | -220.1 % | -299.7 % | -379.6 % | -448.9 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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