HALBERG A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HALBERG A/S
HALBERG A/S (CVR number: 34076510) is a company from SVENDBORG. The company reported a net sales of 9.5 mDKK in 2024, demonstrating a decline of -66.5 % compared to the previous year. The operating profit percentage was poor at -279 % (EBIT: -26.4 mDKK), while net earnings were -23.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -1.6 %, which can be considered poor and Return on Equity (ROE) was -2.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HALBERG A/S's liquidity measured by quick ratio was 6.4 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 26 978.63 | 28 411.00 | 26.39 | 28 218.00 | 9 453.00 |
| Gross profit | 25 587.10 | 18 602.00 | 13.86 | 12 372.00 | -3 851.00 |
| EBIT | -5 279.47 | -3 027.00 | -10.68 | -36 142.00 | -26 378.00 |
| Net earnings | 51 458.24 | 53 248.00 | 36.76 | - 155 117.00 | -23 212.00 |
| Shareholders equity total | 1 012 681.81 | 1 064 272.00 | 1 090.08 | 911 253.00 | 887 783.00 |
| Balance sheet total (assets) | 1 100 240.57 | 1 185 834.00 | 1 217.02 | 1 305 538.00 | 947 526.00 |
| Net debt | -23 742.04 | -21 727.00 | 46.71 | 291 610.00 | - 172 830.00 |
| Profitability | |||||
| EBIT-% | -19.6 % | -10.7 % | -40.5 % | -128.1 % | -279.0 % |
| ROA | 5.2 % | 5.0 % | 0.0 % | -22.4 % | -1.6 % |
| ROE | 5.2 % | 5.1 % | 0.0 % | -34.0 % | -2.6 % |
| ROI | 5.4 % | 5.2 % | 0.0 % | -22.7 % | -1.6 % |
| Economic value added (EVA) | -56 844.82 | -55 633.91 | -56 053.88 | -30 055.97 | -87 289.73 |
| Solvency | |||||
| Equity ratio | 92.0 % | 89.7 % | 89.6 % | 69.8 % | 93.7 % |
| Gearing | 3.4 % | 4.5 % | 10.5 % | 40.8 % | 3.7 % |
| Relative net indebtedness % | 97.4 % | 171.7 % | 210.3 % | 1098.6 % | -1583.3 % |
| Liquidity | |||||
| Quick ratio | 9.3 | 1.8 | 1.5 | 1.5 | 6.4 |
| Current ratio | 9.3 | 1.8 | 1.5 | 1.5 | 6.9 |
| Cash and cash equivalents | 57 735.97 | 69 142.00 | 67.46 | 79 925.00 | 205 314.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 13.4 | 2.9 | 4.8 | 62.8 | 29.0 |
| Net working capital % | 1810.8 % | 228.8 % | -20.5 % | -87.0 % | 1923.6 % |
| Credit risk | |||||
| Credit rating | AA | AAA | BBB | BBB | A |
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