Technical Design by Harden ApS — Credit Rating and Financial Key Figures

CVR number: 39179059
Strandgade 63, Tåsinge 5700 Svendborg
hardenanjadam@gmail.com

Company information

Official name
Technical Design by Harden ApS
Established
2017
Domicile
Tåsinge
Company form
Private limited company
Industry

About Technical Design by Harden ApS

Technical Design by Harden ApS (CVR number: 39179059) is a company from SVENDBORG. The company recorded a gross profit of 644.9 kDKK in 2023. The operating profit was 193.7 kDKK, while net earnings were 178.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 102.1 %, which can be considered excellent and Return on Equity (ROE) was 181.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Technical Design by Harden ApS's liquidity measured by quick ratio was 2.1 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit79.17197.0095.0065.00644.91
EBIT47.3550.002.001.00193.70
Net earnings1.17-5.00-47.001.00178.49
Shareholders equity total59.8355.008.009.20187.69
Balance sheet total (assets)119.1675.0031.0019.00360.27
Net debt-9.86-6.00-19.00-8.00- 343.95
Profitability
EBIT-%
ROA40.8 %53.6 %3.8 %4.0 %102.1 %
ROE2.0 %-8.7 %-149.2 %11.6 %181.3 %
ROI63.2 %77.6 %5.4 %7.4 %181.9 %
Economic value added (EVA)35.7333.90-0.412.06178.63
Solvency
Equity ratio50.2 %73.3 %25.8 %47.4 %52.1 %
Gearing30.4 %1.8 %125.0 %8.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.03.81.31.92.1
Current ratio2.03.81.31.92.1
Cash and cash equivalents28.057.0029.008.00360.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:102.1%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.1%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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