HARTVIG ApS — Credit Rating and Financial Key Figures

CVR number: 10117720
Krogsgårdsvej 23, 6731 Tjæreborg
sha@stofanet.dk
tel: 75171017

Company information

Official name
HARTVIG ApS
Established
2003
Company form
Private limited company
Industry

About HARTVIG ApS

HARTVIG ApS (CVR number: 10117720) is a company from ESBJERG. The company recorded a gross profit of -20.4 kDKK in 2024. The operating profit was -20.4 kDKK, while net earnings were 9595.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 50.5 %, which can be considered excellent and Return on Equity (ROE) was 49.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HARTVIG ApS's liquidity measured by quick ratio was 127.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 212.34-9 769.05-34.26-21.87-20.42
EBIT- 212.34-9 769.05-34.26-21.87-20.42
Net earnings1 643.55-9 350.22461.833 468.689 595.93
Shareholders equity total21 948.6811 298.4611 645.8914 964.5723 960.50
Balance sheet total (assets)22 918.1221 472.2512 252.2315 090.3824 052.35
Net debt-19 053.12-16 328.78-6 274.27-8 661.85-9 518.24
Profitability
EBIT-%
ROA7.6 %-41.9 %7.8 %25.6 %50.5 %
ROE7.6 %-56.2 %4.0 %26.1 %49.3 %
ROI7.8 %-54.9 %11.0 %25.7 %50.6 %
Economic value added (EVA)-1 275.24-10 875.86- 622.68- 636.35- 772.12
Solvency
Equity ratio95.8 %52.6 %95.1 %99.2 %99.6 %
Gearing0.2 %4.9 %5.0 %0.6 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio20.52.015.788.5127.6
Current ratio20.52.015.788.5127.6
Cash and cash equivalents19 104.3116 878.066 862.368 745.969 591.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:50.5%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 94/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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