HAARSLEV GROUP HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 33969376
Bogensevej 85, Hårslev 5471 Søndersø

Company information

Official name
HAARSLEV GROUP HOLDING A/S
Established
2011
Domicile
Hårslev
Company form
Limited company
Industry

About HAARSLEV GROUP HOLDING A/S

HAARSLEV GROUP HOLDING A/S (CVR number: 33969376K) is a company from NORDFYNS. The company reported a net sales of 1492.7 mDKK in 2024, demonstrating a decline of -5.3 % compared to the previous year. The operating profit percentage was at 15.9 % (EBIT: 236.7 mDKK), while net earnings were 112.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.9 %, which can be considered good but Return on Equity (ROE) was 48.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HAARSLEV GROUP HOLDING A/S's liquidity measured by quick ratio was 0.2 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 359.471 430.051 636.501 576.441 492.66
Gross profit263.05307.88301.24406.42480.33
EBIT42.3090.18-42.87100.24236.67
Net earnings-68.0914.07- 107.13-0.31112.30
Shareholders equity total233.30269.46181.46171.79289.10
Balance sheet total (assets)1 632.631 768.291 894.771 693.391 551.43
Net debt606.00515.73570.71506.87530.06
Profitability
EBIT-%3.1 %6.3 %-2.6 %6.4 %15.9 %
ROA2.8 %5.4 %-2.2 %6.3 %14.9 %
ROE-24.9 %5.6 %-47.5 %-0.2 %48.7 %
ROI3.0 %8.4 %-3.7 %11.2 %23.3 %
Economic value added (EVA)10.1516.40-92.5027.15123.09
Solvency
Equity ratio15.4 %16.9 %10.4 %11.8 %20.1 %
Gearing276.4 %226.4 %353.5 %333.1 %194.5 %
Relative net indebtedness %100.1 %98.2 %100.4 %92.4 %82.4 %
Liquidity
Quick ratio0.20.40.30.30.2
Current ratio0.70.80.70.70.7
Cash and cash equivalents38.8494.4370.6665.3732.22
Capital use efficiency
Trade debtors turnover (days)45.346.458.040.639.7
Net working capital %-16.1 %-13.2 %-18.1 %-20.1 %-12.1 %
Credit risk
Credit ratingAAABBBAAA

Variable visualization

ROA:14.9%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.1%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chairman of the board
Chief executive officer
Board member
Board member

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