HARRIS DENMARK HOLDING ApS — Credit Rating and Financial Key Figures

HARRIS DENMARK HOLDING ApS (CVR number: 25992687) is a company from KØBENHAVN. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a growth of 175.8 % compared to the previous year. The operating profit percentage was at 8.4 % (EBIT: 0 mDKK), while net earnings were -6623 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak but Return on Equity (ROE) was -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HARRIS DENMARK HOLDING ApS's liquidity measured by quick ratio was 0.3 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.