Harco Heavy Lifting A/S — Credit Rating and Financial Key Figures

CVR number: 41034149
Måde Industrivej 36, 6705 Esbjerg Ø
info@harco.dk
tel: 40709760
www.harco.dk
Free credit report Annual report

Company information

Official name
Harco Heavy Lifting A/S
Personnel
74 persons
Established
2019
Company form
Limited company
Industry

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 47 mDKK in 2024. The operating profit was 2585.4 kDKK, while net earnings were 1304.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 48.1 %, 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 1.6 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 profit4 113.728 452.9515 828.6352 192.8647 009.52
EBIT1 000.131 526.158 161.7533 597.182 585.38
Net earnings769.131 148.526 142.7026 161.371 304.70
Shareholders equity total1 619.13167.666 310.3632 084.7323 389.43
Balance sheet total (assets)2 591.3310 936.0015 726.6455 795.7348 591.18
Net debt-1 054.29-1 281.81-1 054.21-10 293.357 599.97
Profitability
EBIT-%
ROA38.5 %22.8 %61.2 %94.2 %5.0 %
ROE47.5 %128.6 %189.6 %136.3 %4.7 %
ROI58.2 %61.8 %107.3 %141.6 %7.1 %
Economic value added (EVA)777.061 099.216 196.0725 573.722.06
Solvency
Equity ratio62.5 %1.5 %40.1 %57.5 %48.1 %
Gearing3.9 %1425.4 %62.7 %0.7 %43.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.71.01.42.51.6
Current ratio2.71.01.42.51.6
Cash and cash equivalents1 117.323 671.625 008.3910 524.492 642.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:4.95%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.1%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.