HARTVIGS ApS — Credit Rating and Financial Key Figures

CVR number: 27113451
Plantagevej 51, 3460 Birkerød
tel: 22802629

Company information

Official name
HARTVIGS ApS
Personnel
1 person
Established
2003
Company form
Private limited company
Industry

About HARTVIGS ApS

HARTVIGS ApS (CVR number: 27113451) is a company from RUDERSDAL. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a growth of 1657 % compared to the previous year. The operating profit percentage was at 36 % (EBIT: 0.3 mDKK), while net earnings were 939.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46.5 %, which can be considered excellent and Return on Equity (ROE) was 47.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 85 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HARTVIGS ApS's liquidity measured by quick ratio was 3.6 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 sales50.00878.51
Gross profit50.00517.10
EBIT50.00315.83
Net earnings-16.51132.89288.95351.02939.51
Shareholders equity total811.60944.491 233.441 527.262 407.88
Balance sheet total (assets)817.76945.481 244.861 570.122 832.06
Net debt-44.56-20.26- 340.00- 116.95- 576.52
Profitability
EBIT-%100.0 %36.0 %
ROA-1.8 %15.2 %28.0 %27.1 %46.5 %
ROE-2.0 %15.1 %26.5 %25.4 %47.7 %
ROI-1.8 %15.3 %28.0 %27.3 %50.8 %
Economic value added (EVA)-29.54-28.50-27.2043.32285.80
Solvency
Equity ratio99.2 %99.9 %99.1 %97.3 %85.0 %
Gearing0.9 %1.5 %2.9 %
Relative net indebtedness %-193.7 %-25.3 %
Liquidity
Quick ratio110.51 073.968.620.23.6
Current ratio110.51 073.968.620.23.6
Cash and cash equivalents44.5620.26351.00139.71646.51
Capital use efficiency
Trade debtors turnover (days)50.3
Net working capital %1376.1 %85.6 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:46.5%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.0%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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