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MICHAEL HAARGAARD A/S — Credit Rating and Financial Key Figures

CVR number: 21835498
Løvenørnsgade 3, 8700 Horsens
tel: 75624099
Free credit report Annual report

Income statement (kDKK)

2021
2022
2023
2024
2025
Fiscal period length1212121212
Net sales
Gross profit7 668.705 507.775 891.199 202.529 554.13
Employee benefit expenses-5 449.45-4 726.61-4 791.72-5 623.87-6 088.94
Other operating expenses-32.21
Total depreciation- 127.59- 129.11- 121.68-87.24-70.09
EBIT2 091.66652.05945.593 491.413 395.10
Other financial income2.5024.3964.6436.10
Other financial expenses-37.78-25.11- 215.18- 123.97-86.84
Pre-tax profit2 053.88629.44754.803 432.093 344.36
Income taxes- 468.67- 156.89- 226.49- 766.45- 764.86
Net earnings1 585.22472.55528.312 665.642 579.50

Assets (kDKK)

2021
2022
2023
2024
2025
Intangible assets total
Buildings223.84162.90101.9557.2328.75
Machinery and equipment283.07304.90244.18201.65160.05
Tangible assets total506.91467.80346.13258.89188.80
Participating interests425.00210.5286.84
Investments total425.00210.5286.84
Long term receivables total
Inventories total
Current trade debtors526.92260.50551.49688.14665.80
Current amounts owed by group member comp.488.73224.52484.17
Current owed by particip. interest comp.49.7948.4748.65
Prepayments and accrued income47.2276.9661.0653.21133.46
Current other receivables10.1454.8173.113.635.50
Short term receivables total584.28880.99959.971 277.62853.40
Cash and bank deposits5 257.52360.451 312.154 058.754 975.52
Cash and cash equivalents5 257.52360.451 312.154 058.754 975.52
Balance sheet total (assets)6 348.702 134.242 828.765 682.106 017.72

Equity and liabilities (kDKK)

2021
2022
2023
2024
2025
Share capital1 000.001 000.001 000.001 000.001 000.00
Shares repurchased1 585.22470.00500.002 660.002 600.00
Retained earnings-1 585.22- 470.00- 497.45-2 629.14-2 563.50
Profit of the financial year1 585.22472.55528.312 665.642 579.50
Shareholders equity total2 585.221 472.551 530.863 696.503 616.00
Provisions40.8438.6329.5425.1322.37
Non-current liabilities total
Current loans from credit institutions7.16
Advances received160.0075.0050.00190.00
Current trade creditors324.06170.71381.11336.06319.10
Current owed to group member1 175.687.26
Short-term deferred tax liabilities472.16159.10235.58770.86767.62
Other non-interest bearing current liabilities1 590.74293.25576.68803.551 088.21
Current liabilities total3 722.65623.071 268.361 960.472 379.35
Balance sheet total (liabilities)6 348.702 134.242 828.765 682.106 017.72
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