Harritz Trading ApS

CVR number: 44048876
Overgårdsvej 54 C, 7430 Ikast
tel: 30410153

Credit rating

Company information

Official name
Harritz Trading ApS
Personnel
3 persons
Established
2023
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Harritz Trading ApS

Harritz Trading ApS (CVR number: 44048876) is a company from IKAST-BRANDE. The company recorded a gross profit of 349.3 kDKK in 2023. The operating profit was 23.7 kDKK, while net earnings were 12.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 23.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 10.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Harritz Trading ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
Volume
Net sales
Gross profit349.31
EBIT23.66
Net earnings12.38
Shareholders equity total52.38
Balance sheet total (assets)516.61
Net debt247.92
Profitability
EBIT-%
ROA4.6 %
ROE23.6 %
ROI7.0 %
Economic value added (EVA)16.04
Solvency
Equity ratio10.1 %
Gearing533.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.8
Current ratio1.3
Cash and cash equivalents31.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBB

Variable visualization

ROA:4.58%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.1%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:17.439Z

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