HARDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HARDING ApS
HARDING ApS (CVR number: 34591660) is a company from VORDINGBORG. The company recorded a gross profit of 433.7 kDKK in 2024. The operating profit was -57.2 kDKK, while net earnings were -105.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.8 %, which can be considered poor and Return on Equity (ROE) was -28.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -30.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HARDING ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 306.69 | 115.92 | 258.28 | 349.13 | 433.66 |
EBIT | 37.85 | - 257.74 | 103.38 | -22.91 | -57.20 |
Net earnings | 17.92 | - 213.22 | 47.20 | -35.44 | - 105.39 |
Shareholders equity total | 183.85 | -29.37 | 17.83 | -17.61 | - 123.01 |
Balance sheet total (assets) | 562.43 | 286.38 | 419.54 | 464.48 | 285.09 |
Net debt | - 258.70 | 51.27 | -23.42 | 21.05 | -36.87 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.7 % | -58.7 % | 28.1 % | -5.1 % | -12.8 % |
ROE | 10.2 % | -90.7 % | 31.0 % | -14.7 % | -28.1 % |
ROI | 17.1 % | -200.6 % | 201.4 % | -63.2 % | -258.0 % |
Economic value added (EVA) | 12.37 | - 212.15 | 71.90 | -22.22 | -59.50 |
Solvency | |||||
Equity ratio | 32.7 % | -9.3 % | 4.3 % | -3.7 % | -30.1 % |
Gearing | 1.6 % | -201.8 % | 143.4 % | -164.9 % | -12.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 0.9 | 1.0 | 1.0 | 0.6 |
Current ratio | 1.5 | 0.9 | 1.0 | 1.0 | 0.6 |
Cash and cash equivalents | 261.68 | 8.00 | 48.99 | 8.00 | 52.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | B |
Variable visualization
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