Hartmann Handel Varde ApS — Credit Rating and Financial Key Figures

CVR number: 39459159
Gl Møllevej 15, 6800 Varde

Company information

Official name
Hartmann Handel Varde ApS
Established
2018
Company form
Private limited company
Industry

About Hartmann Handel Varde ApS

Hartmann Handel Varde ApS (CVR number: 39459159) is a company from VARDE. The company recorded a gross profit of 57.7 kDKK in 2024. The operating profit was 57.7 kDKK, while net earnings were 14 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -42 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Hartmann Handel Varde ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit10.16162.4236.5257.73
EBIT-5.48157.9132.0057.73
Net earnings- 112.56117.33-11.9714.01
Shareholders equity total- 838.84- 951.40- 834.07- 846.04- 832.03
Balance sheet total (assets)2 460.162 418.011 144.281 143.491 148.07
Net debt2 478.142 453.271 966.591 981.561 967.55
Profitability
EBIT-%
ROA-0.2 %5.9 %1.6 %2.9 %
ROE-4.6 %6.6 %-1.0 %1.2 %
ROI-0.2 %7.1 %1.6 %2.9 %
Economic value added (EVA)-0.00-90.7881.15-25.34-2.01
Solvency
Equity ratio-25.4 %-28.2 %-42.2 %-42.5 %-42.0 %
Gearing-301.6 %-260.6 %-236.8 %-235.2 %-238.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents52.1525.648.777.9812.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:2.91%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-42.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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