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HARTVIG ApS — Credit Rating and Financial Key Figures

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

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 -21.1 kDKK in 2025. The operating profit was -21.1 kDKK, while net earnings were 11 mDKK. The profitability of the company measured by Return on Assets (ROA) was 38.1 %, which can be considered excellent and Return on Equity (ROE) was 38 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 94.5 %, 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 8.9 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit-9 769.05-34.26-21.87-20.42-21.15
EBIT-9 769.05-34.26-21.87-20.42-21.15
Net earnings-9 350.22461.833 468.689 595.9311 003.54
Shareholders equity total11 298.4611 645.8914 964.5723 960.5033 964.05
Balance sheet total (assets)21 472.2512 252.2315 090.3824 052.3535 934.84
Net debt-16 328.78-6 274.27-8 661.85-9 518.24-16 441.39
Profitability
EBIT-%
ROA-41.9 %7.8 %25.6 %50.5 %38.1 %
ROE-56.2 %4.0 %26.1 %49.3 %38.0 %
ROI-54.9 %11.0 %25.7 %50.6 %39.4 %
Economic value added (EVA)-10 875.86- 622.68- 636.35- 772.12-1 224.23
Solvency
Equity ratio52.6 %95.1 %99.2 %99.6 %94.5 %
Gearing4.9 %5.0 %0.6 %0.3 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.015.788.5127.68.9
Current ratio2.015.788.5127.68.9
Cash and cash equivalents16 878.066 862.368 745.969 591.8316 459.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAAAAAA

Variable visualization

ROA:38.1%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:94.5%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
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