Michael Harder Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38216627
Lykkeshuse 3, 5330 Munkebo

Credit rating

Company information

Official name
Michael Harder Holding ApS
Established
2016
Company form
Private limited company
Industry

About Michael Harder Holding ApS

Michael Harder Holding ApS (CVR number: 38216627) is a company from KERTEMINDE. The company recorded a gross profit of -11.4 kDKK in 2023. The operating profit was -11.4 kDKK, while net earnings were -113.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -4.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Michael Harder Holding ApS's liquidity measured by quick ratio was 6.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-9.92-10.79-5.37-8.82-11.45
EBIT-9.92-10.79-5.37-8.82-11.45
Net earnings936.33506.4170.07302.34- 113.95
Shareholders equity total2 382.592 778.402 735.472 923.422 691.67
Balance sheet total (assets)2 387.892 791.762 910.583 186.752 973.04
Net debt- 187.79- 129.49-84.43- 128.81-70.33
Profitability
EBIT-%
ROA46.3 %19.8 %2.8 %10.2 %-3.1 %
ROE47.6 %19.6 %2.5 %10.7 %-4.1 %
ROI47.9 %19.9 %2.8 %10.3 %-3.1 %
Economic value added (EVA)19.24-62.72-31.34-46.45-23.91
Solvency
Equity ratio99.8 %99.5 %94.0 %91.7 %90.5 %
Gearing6.2 %7.5 %10.2 %
Relative net indebtedness %
Liquidity
Quick ratio339.5222.211.67.66.9
Current ratio339.5222.211.67.66.9
Cash and cash equivalents187.79129.49254.60347.22345.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-3.09%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.5%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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