Credit rating
Company information
About HALBERG A/S
HALBERG A/S (CVR number: 34076510K) is a company from SVENDBORG. The company reported a net sales of 0.6 mDKK in 2023, demonstrating a growth of 143.8 % compared to the previous year. The operating profit percentage was poor at -4.9 % (EBIT: -0 mDKK), while net earnings were -32.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.1 %, 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. HALBERG A/S's liquidity measured by quick ratio was 3.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 688 573.31 | 696 430.72 | 805 062.00 | 263.52 | 642.48 |
Gross profit | 196 788.29 | 233 290.07 | 296 324.00 | 122.96 | 197.78 |
EBIT | 25 403.09 | 64 553.64 | 49 372.00 | 23.99 | -31.25 |
Net earnings | 16 061.73 | 51 652.82 | 53 183.00 | 37.15 | -32.38 |
Shareholders equity total | 978 474.44 | 1 013 537.59 | 1 069 114.00 | 1 094.18 | 1 038.12 |
Balance sheet total (assets) | 1 391 667.94 | 1 344 122.95 | 1 475 710.00 | 1 566.32 | 1 671.15 |
Net debt | 47 899.08 | -5 652.29 | -5 119.00 | 99.73 | 302.83 |
Profitability | |||||
EBIT-% | 3.7 % | 9.3 % | 6.1 % | 9.1 % | -4.9 % |
ROA | 3.0 % | 6.0 % | 4.9 % | 0.0 % | -1.2 % |
ROE | 1.6 % | 5.2 % | 5.1 % | 0.0 % | -3.0 % |
ROI | 3.5 % | 6.8 % | 5.6 % | 0.0 % | -1.3 % |
Economic value added (EVA) | -26 244.26 | 6 466.54 | -4 255.82 | -48 706.42 | -79.39 |
Solvency | |||||
Equity ratio | 70.3 % | 75.4 % | 72.4 % | 69.9 % | 62.1 % |
Gearing | 19.4 % | 10.1 % | 13.4 % | 24.3 % | 44.0 % |
Relative net indebtedness % | 31.9 % | 23.7 % | 25.1 % | 95.1 % | 66.3 % |
Liquidity | |||||
Quick ratio | 1.2 | 1.5 | 1.1 | 0.9 | 3.7 |
Current ratio | 2.2 | 3.1 | 2.5 | 2.1 | 4.1 |
Cash and cash equivalents | 141 876.57 | 107 911.62 | 148 203.00 | 166.14 | 154.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 90.3 | 76.0 | 60.9 | 220.1 | 52.1 |
Net working capital % | 31.0 % | 49.0 % | 49.1 % | 118.5 % | 106.8 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | BBB | BBB |
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