HARBOES BRYGGERI A/S
Credit rating
Company information
About HARBOES BRYGGERI A/S
HARBOES BRYGGERI A/S (CVR number: 43910515K) is a company from SLAGELSE. The company reported a net sales of 1817.1 mDKK in 2023, demonstrating a growth of 12.1 % compared to the previous year. The operating profit percentage was at 4.2 % (EBIT: 77.1 mDKK), while net earnings were 54.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent and Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 55.4 %, 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. HARBOES BRYGGERI A/S's liquidity measured by quick ratio was 1.1 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.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 379.87 | 1 328.18 | 1 419.35 | 1 621.07 | 1 817.07 |
Gross profit | 253.96 | 228.11 | 257.82 | 271.24 | 352.81 |
EBIT | -26.67 | 10.03 | -0.80 | -2.96 | 77.10 |
Net earnings | -32.66 | 5.23 | 0.06 | -4.31 | 54.76 |
Shareholders equity total | 673.76 | 679.79 | 680.90 | 676.63 | 731.57 |
Balance sheet total (assets) | 1 219.81 | 1 141.07 | 1 143.02 | 1 199.65 | 1 320.43 |
Net debt | -29.68 | -0.44 | -46.09 | 82.06 | 44.94 |
Profitability | |||||
EBIT-% | -1.9 % | 0.8 % | -0.1 % | -0.2 % | 4.2 % |
ROA | -2.1 % | 0.9 % | -0.1 % | -0.1 % | 6.2 % |
ROE | -4.7 % | 0.8 % | 0.0 % | -0.6 % | 7.8 % |
ROI | -2.9 % | 1.2 % | -0.1 % | -0.1 % | 8.7 % |
Economic value added (EVA) | -63.28 | 9.43 | 0.35 | 0.21 | 62.68 |
Solvency | |||||
Equity ratio | 55.2 % | 59.6 % | 59.6 % | 56.4 % | 55.4 % |
Gearing | 2.4 % | 2.4 % | 13.5 % | 10.7 % | |
Relative net indebtedness % | 36.2 % | 33.5 % | 29.3 % | 31.7 % | 30.6 % |
Liquidity | |||||
Quick ratio | 0.9 | 1.1 | 1.1 | 1.0 | 1.1 |
Current ratio | 1.4 | 1.6 | 1.7 | 1.5 | 1.6 |
Cash and cash equivalents | 45.94 | 16.64 | 46.09 | 9.37 | 33.13 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 58.0 | 72.7 | 69.9 | 80.1 | 84.0 |
Net working capital % | 9.3 % | 12.4 % | 13.7 % | 12.4 % | 13.3 % |
Credit risk | |||||
Credit rating | A | AAA | A | A | AAA |
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