HAARGAARD FINANS HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HAARGAARD FINANS HOLDING A/S
HAARGAARD FINANS HOLDING A/S (CVR number: 10071666) is a company from VEJLE. The company recorded a gross profit of -18.8 kDKK in 2023. The operating profit was -18.8 kDKK, while net earnings were 414.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered weak and Return on Equity (ROE) was 4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 88.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HAARGAARD FINANS HOLDING A/S's liquidity measured by quick ratio was 9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -30.39 | -30.97 | -21.29 | -18.96 | -18.76 |
EBIT | -30.39 | -30.97 | -21.29 | -18.96 | -18.76 |
Net earnings | 1 379.93 | 494.68 | 1 726.02 | 3 732.71 | 414.47 |
Shareholders equity total | 7 297.65 | 7 792.32 | 8 518.34 | 11 251.06 | 9 665.53 |
Balance sheet total (assets) | 8 469.88 | 9 003.02 | 9 736.64 | 12 445.14 | 10 878.78 |
Net debt | -7 514.90 | -8 013.16 | -8 725.12 | -11 332.93 | -9 716.59 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.1 % | 6.1 % | 18.9 % | 33.9 % | 4.0 % |
ROE | 19.4 % | 6.6 % | 21.2 % | 37.8 % | 4.0 % |
ROI | 17.7 % | 6.3 % | 19.4 % | 34.6 % | 4.1 % |
Economic value added (EVA) | 29.07 | 25.66 | 37.82 | 40.20 | 33.33 |
Solvency | |||||
Equity ratio | 86.2 % | 86.6 % | 87.5 % | 90.4 % | 88.8 % |
Gearing | 12.5 % | 12.3 % | 11.4 % | 8.5 % | 10.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.2 | 7.4 | 8.0 | 10.4 | 9.0 |
Current ratio | 7.2 | 7.4 | 8.0 | 10.4 | 9.0 |
Cash and cash equivalents | 8 424.53 | 8 968.75 | 9 695.81 | 12 288.00 | 10 698.34 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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