Credit rating
Company information
About HARVEST CATERING ApS
HARVEST CATERING ApS (CVR number: 35393773) is a company from DRAGØR. The company recorded a gross profit of 424.4 kDKK in 2023. The operating profit was -17.6 kDKK, while net earnings were -23.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.5 %, which can be considered poor and Return on Equity (ROE) was -4.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73 %, 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. HARVEST CATERING ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 39.21 | -84.52 | 526.05 | 490.85 | 424.35 |
EBIT | - 261.64 | - 451.25 | 155.18 | 71.35 | -17.58 |
Net earnings | - 263.86 | - 454.84 | 151.86 | 62.91 | -23.25 |
Shareholders equity total | 769.81 | 314.96 | 466.82 | 529.73 | 506.48 |
Balance sheet total (assets) | 931.56 | 515.65 | 730.03 | 726.09 | 694.20 |
Net debt | - 853.50 | - 104.76 | - 387.46 | - 383.86 | - 341.77 |
Profitability | |||||
EBIT-% | |||||
ROA | -25.1 % | -62.4 % | 24.9 % | 9.8 % | -2.5 % |
ROE | -29.3 % | -83.9 % | 38.8 % | 12.6 % | -4.5 % |
ROI | -29.0 % | -83.2 % | 39.7 % | 14.3 % | -3.4 % |
Economic value added (EVA) | - 259.88 | - 447.04 | 144.62 | 67.37 | -24.91 |
Solvency | |||||
Equity ratio | 82.6 % | 61.1 % | 63.9 % | 73.0 % | 73.0 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.5 | 1.2 | 1.7 | 2.3 | 2.2 |
Current ratio | 5.5 | 1.2 | 1.7 | 2.3 | 2.2 |
Cash and cash equivalents | 853.50 | 104.76 | 387.46 | 383.86 | 341.77 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | BB | BB | BB |
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