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 -12.7 kDKK in 2024. The operating profit was -12.7 kDKK, while net earnings were 224.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good and Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 88.6 %, 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 5.3 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 profit-10.79-5.37-8.82-11.45-12.72
EBIT-10.79-5.37-8.82-11.45-12.72
Net earnings506.4170.07302.34- 113.95224.53
Shareholders equity total2 778.402 735.472 923.422 691.672 794.20
Balance sheet total (assets)2 791.762 910.583 186.752 973.043 154.56
Net debt- 129.49-84.43- 128.81-70.33162.62
Profitability
EBIT-%
ROA19.8 %2.8 %10.2 %-3.1 %8.0 %
ROE19.6 %2.5 %10.7 %-4.1 %8.2 %
ROI19.9 %2.8 %10.3 %-3.1 %8.0 %
Economic value added (EVA)- 127.50- 144.07- 152.94- 166.65- 159.20
Solvency
Equity ratio99.5 %94.0 %91.7 %90.5 %88.6 %
Gearing6.2 %7.5 %10.2 %12.4 %
Relative net indebtedness %
Liquidity
Quick ratio222.211.67.66.95.3
Current ratio222.211.67.66.95.3
Cash and cash equivalents129.49254.60347.22345.42183.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:8.02%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.6%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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