HALBERG A/S — Credit Rating and Financial Key Figures
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 870.5 mDKK in 2024, demonstrating a growth of 35.5 % compared to the previous year. The operating profit percentage was at 3.6 % (EBIT: 31.5 mDKK), while net earnings were -23.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was -2.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.3 %, 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 2.2 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 696.43 | 805.06 | 0.26 | 642.48 | 870.54 |
Gross profit | 233.29 | 296.32 | 0.12 | 197.75 | 243.74 |
EBIT | 64.55 | 49.37 | 0.02 | -40.23 | 31.48 |
Net earnings | 51.65 | 53.18 | 0.04 | - 154.76 | -23.19 |
Shareholders equity total | 1 013.54 | 1 069.11 | 1.09 | 915.73 | 887.78 |
Balance sheet total (assets) | 1 344.12 | 1 475.71 | 1.57 | 1 681.74 | 1 133.22 |
Net debt | -5.65 | -5.12 | 0.10 | 302.83 | - 194.00 |
Profitability | |||||
EBIT-% | 9.3 % | 6.1 % | 9.1 % | -6.3 % | 3.6 % |
ROA | 6.0 % | 4.9 % | 0.0 % | -3.4 % | 3.1 % |
ROE | 5.2 % | 5.1 % | 0.0 % | -33.9 % | -2.6 % |
ROI | 6.8 % | 5.6 % | 0.0 % | -3.7 % | 3.4 % |
Economic value added (EVA) | -11.27 | -16.45 | -63.71 | -41.16 | -56.07 |
Solvency | |||||
Equity ratio | 75.4 % | 72.4 % | 69.9 % | 54.5 % | 78.3 % |
Gearing | 10.1 % | 13.4 % | 24.3 % | 49.9 % | 5.8 % |
Relative net indebtedness % | 23.7 % | 25.1 % | 95.1 % | 87.0 % | -6.6 % |
Liquidity | |||||
Quick ratio | 1.5 | 1.1 | 0.9 | 2.4 | 2.2 |
Current ratio | 3.1 | 2.5 | 2.1 | 2.7 | 3.1 |
Cash and cash equivalents | 107.91 | 148.20 | 0.17 | 154.40 | 245.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 76.0 | 60.9 | 220.1 | 52.1 | 37.9 |
Net working capital % | 49.0 % | 49.1 % | 118.5 % | 87.8 % | 22.9 % |
Credit risk | |||||
Credit rating | AAA | AAA | A | A | AAA |
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