THOMAS HARTTUNG A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About THOMAS HARTTUNG A/S
THOMAS HARTTUNG A/S (CVR number: 28898622) is a company from HEDENSTED. The company recorded a gross profit of -359 kDKK in 2024. The operating profit was -9869 kDKK, while net earnings were 97.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 86.3 %, which can be considered excellent and Return on Equity (ROE) was 97.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THOMAS HARTTUNG A/S's liquidity measured by quick ratio was 10.1 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 015.00 | 1 068.00 | |||
Gross profit | 164.00 | 294.00 | 696.00 | 63.00 | - 359.00 |
EBIT | -3 744.00 | -4 438.00 | -4 428.00 | -2 382.00 | -9 869.00 |
Net earnings | 12 257.00 | -6 467.00 | -24 289.00 | 280.00 | 97 449.00 |
Shareholders equity total | 81 982.00 | 75 572.00 | 51 250.00 | 51 530.00 | 148 979.00 |
Balance sheet total (assets) | 83 225.00 | 84 326.00 | 71 825.00 | 73 228.00 | 164 228.00 |
Net debt | -2 946.00 | 360.00 | 18 990.00 | 20 473.00 | -85 743.00 |
Profitability | |||||
EBIT-% | -368.9 % | -415.5 % | |||
ROA | 15.0 % | -8.7 % | -27.5 % | 5.9 % | 86.3 % |
ROE | 16.1 % | -8.2 % | -38.3 % | 0.5 % | 97.2 % |
ROI | 15.2 % | -8.8 % | -31.7 % | 1.8 % | 82.5 % |
Economic value added (EVA) | -6 428.75 | -7 619.54 | -7 911.85 | -5 805.33 | -11 920.16 |
Solvency | |||||
Equity ratio | 98.5 % | 89.6 % | 71.4 % | 70.4 % | 90.7 % |
Gearing | 10.3 % | 38.5 % | 40.9 % | 8.1 % | |
Relative net indebtedness % | -167.8 % | 124.3 % | |||
Liquidity | |||||
Quick ratio | 32.2 | 5.1 | 4.9 | 4.3 | 10.1 |
Current ratio | 32.2 | 5.1 | 4.9 | 4.4 | 10.1 |
Cash and cash equivalents | 2 946.00 | 7 427.00 | 742.00 | 604.00 | 97 826.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 114.4 | 37.6 | |||
Net working capital % | 3574.5 % | 3388.1 % | |||
Credit risk | |||||
Credit rating | AA | BBB | BBB | A | BBB |
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