THOMAS HARTTUNG A/S — Credit Rating and Financial Key Figures

CVR number: 28898622
Barritskovvej 36, 7150 Barrit

Company information

Official name
THOMAS HARTTUNG A/S
Personnel
2 persons
Established
2005
Company form
Limited company
Industry

About THOMAS HARTTUNG A/S

THOMAS HARTTUNG A/S (CVR number: 28898622) is a company from HEDENSTED. The company recorded a gross profit of 63 kDKK in 2023. The operating profit was -2382 kDKK, while net earnings were 280 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 70.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. THOMAS HARTTUNG A/S's liquidity measured by quick ratio was 4.3 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
2019
2020
2021
2022
2023
Volume
Net sales937.001 015.001 068.00
Gross profit303.00164.00294.00696.0063.00
EBIT-3 282.00-3 744.00-4 438.00-4 428.00-2 382.00
Net earnings2 082.0012 257.00-6 467.00-24 289.00280.00
Shareholders equity total69 809.0081 982.0075 572.0051 250.0051 530.00
Balance sheet total (assets)70 353.0083 225.0084 326.0071 825.0073 228.00
Net debt-1 421.00-2 946.00360.0018 990.0020 473.00
Profitability
EBIT-%-350.3 %-368.9 %-415.5 %
ROA2.1 %15.0 %-8.7 %-27.5 %5.9 %
ROE3.0 %16.1 %-8.2 %-38.3 %0.5 %
ROI2.2 %15.2 %-8.8 %-31.7 %1.8 %
Economic value added (EVA)-3 784.61-4 362.17-5 496.17-5 532.91-4 063.47
Solvency
Equity ratio99.2 %98.5 %89.6 %71.4 %70.4 %
Gearing10.3 %38.5 %40.9 %
Relative net indebtedness %-93.6 %-167.8 %124.3 %
Liquidity
Quick ratio58.732.25.14.94.3
Current ratio58.732.25.14.94.4
Cash and cash equivalents1 421.002 946.007 427.00742.00604.00
Capital use efficiency
Trade debtors turnover (days)304.6114.437.6
Net working capital %3189.5 %3574.5 %3388.1 %
Credit risk
Credit ratingAABBBBBBA

Variable visualization

ROA:5.89%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.4%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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