HARTVIGS ApS — Credit Rating and Financial Key Figures

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

Official name
HARTVIGS ApS
Personnel
2 persons
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 1.1 mDKK in 2024, demonstrating a growth of 29.5 % compared to the previous year. The operating profit percentage was at 30.3 % (EBIT: 0.3 mDKK), while net earnings were 251 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.3 %, which can be considered excellent but Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 89 %, 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 4.8 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales50.00878.511 137.87
Gross profit50.00517.10970.76
EBIT50.00315.83345.08
Net earnings132.89288.95351.02939.51251.00
Shareholders equity total944.491 233.441 527.262 407.882 597.87
Balance sheet total (assets)945.481 244.861 570.122 832.062 919.81
Net debt-20.26- 340.00- 116.95- 576.52- 707.29
Profitability
EBIT-%100.0 %36.0 %30.3 %
ROA15.2 %28.0 %27.1 %46.5 %15.3 %
ROE15.1 %26.5 %25.4 %47.7 %10.0 %
ROI15.3 %28.0 %27.3 %50.8 %17.1 %
Economic value added (EVA)-40.78-47.46-15.58212.29159.68
Solvency
Equity ratio99.9 %99.1 %97.3 %85.0 %89.0 %
Gearing0.9 %1.5 %2.9 %3.4 %
Relative net indebtedness %-193.7 %-25.3 %-41.5 %
Liquidity
Quick ratio1 073.968.620.23.64.8
Current ratio1 073.968.620.23.64.8
Cash and cash equivalents20.26351.00139.71646.51794.63
Capital use efficiency
Trade debtors turnover (days)50.3
Net working capital %1376.1 %85.6 %65.2 %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:15.3%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.0%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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