Harco Heavy Lifting A/S

CVR number: 41034149
Måde Industrivej 32, 6705 Esbjerg Ø
info@harco.dk
tel: 40709760
www.harco.dk

Credit rating

Company information

Official name
Harco Heavy Lifting A/S
Personnel
41 persons
Established
2019
Company form
Limited company
Industry
  • Expand more icon282200Manufacture of lifting and handling equipment

About Harco Heavy Lifting A/S

Harco Heavy Lifting A/S (CVR number: 41034149) is a company from ESBJERG. The company recorded a gross profit of 52.2 mDKK in 2023. The operating profit was 33.6 mDKK, while net earnings were 26.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 94.2 %, which can be considered excellent and Return on Equity (ROE) was 136.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Harco Heavy Lifting A/S's liquidity measured by quick ratio was 2.5 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
2020202120222023
Volume
Net sales
Gross profit4 113.728 452.9515 828.6352 224.86
EBIT1 000.131 526.158 161.7533 597.18
Net earnings769.131 148.526 142.7026 161.37
Shareholders equity total1 619.13167.666 310.3632 084.73
Balance sheet total (assets)2 591.3310 936.0015 726.6455 795.73
Net debt-1 054.29-1 281.81-1 054.21-10 293.35
Profitability
EBIT-%
ROA38.5 %22.8 %61.2 %94.2 %
ROE47.5 %128.6 %189.6 %136.3 %
ROI58.2 %61.8 %107.3 %141.6 %
Economic value added (EVA)777.061 160.176 536.4926 108.77
Solvency
Equity ratio62.5 %1.5 %40.1 %57.5 %
Gearing3.9 %1425.4 %62.7 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.71.01.42.5
Current ratio2.71.01.42.5
Cash and cash equivalents1 117.323 671.625 008.3910 524.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBABBB

Variable visualization

ROA:94.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.5%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member
Board member

Companies in the same industry

Build time: 2024-10-21T13:51:17.442Z

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