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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
73 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 71.8 mDKK in 2025. The operating profit was -4519.9 kDKK, while net earnings were -4045.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.2 %, which can be considered poor and Return on Equity (ROE) was -18.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Harco Heavy Lifting A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit8 452.9515 828.6352 192.8647 009.5271 775.29
EBIT1 526.158 161.7533 597.182 585.38-4 519.85
Net earnings1 148.526 142.7026 161.371 304.70-4 045.79
Shareholders equity total167.666 310.3632 084.7323 389.4319 343.64
Balance sheet total (assets)10 936.0015 726.6455 795.7348 591.1881 782.55
Net debt-1 281.81-1 054.21-10 293.357 599.9738 290.10
Profitability
EBIT-%
ROA22.8 %61.2 %94.2 %5.0 %-5.2 %
ROE128.6 %189.6 %136.3 %4.7 %-18.9 %
ROI61.8 %107.3 %141.6 %7.1 %-7.1 %
Economic value added (EVA)1 099.216 196.0725 573.722.06-5 467.38
Solvency
Equity ratio1.5 %40.1 %57.5 %48.1 %23.7 %
Gearing1425.4 %62.7 %0.7 %43.8 %197.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.42.51.60.8
Current ratio1.01.42.51.60.8
Cash and cash equivalents3 671.625 008.3910 524.492 642.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-5.20%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:23.7%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
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Roles

Chairman of the board
Director
Board member

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