HAARGAARD FINANS HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 10071666
Vesterkant 13, 7100 Vejle
tel: 75857888
Free credit report Annual report

Credit rating

Company information

Official name
HAARGAARD FINANS HOLDING A/S
Established
2001
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings1 379.93494.681 726.023 732.71414.47
Shareholders equity total7 297.657 792.328 518.3411 251.069 665.53
Balance sheet total (assets)8 469.889 003.029 736.6412 445.1410 878.78
Net debt-7 514.90-8 013.16-8 725.12-11 332.93-9 716.59
Profitability
EBIT-%
ROA17.1 %6.1 %18.9 %33.9 %4.0 %
ROE19.4 %6.6 %21.2 %37.8 %4.0 %
ROI17.7 %6.3 %19.4 %34.6 %4.1 %
Economic value added (EVA)29.0725.6637.8240.2033.33
Solvency
Equity ratio86.2 %86.6 %87.5 %90.4 %88.8 %
Gearing12.5 %12.3 %11.4 %8.5 %10.2 %
Relative net indebtedness %
Liquidity
Quick ratio7.27.48.010.49.0
Current ratio7.27.48.010.49.0
Cash and cash equivalents8 424.538 968.759 695.8112 288.0010 698.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.98%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.8%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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