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HARRINGTON HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35873996
Haderslevgade 45, 1671 København V
Free credit report Annual report

Company information

Official name
HARRINGTON HOLDING ApS
Established
2014
Company form
Private limited company
Industry

About HARRINGTON HOLDING ApS

HARRINGTON HOLDING ApS (CVR number: 35873996) is a company from KØBENHAVN. The company recorded a gross profit of -16.2 kDKK in 2024. The operating profit was -16.2 kDKK, while net earnings were 83.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14 %, which can be considered good but Return on Equity (ROE) was 36.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.5 %, 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. HARRINGTON HOLDING ApS's liquidity measured by quick ratio was 25.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-6.88-7.31-7.38-0.79-16.22
EBIT-6.88-7.31-7.38-0.79-16.22
Net earnings-6.88-8.2392.4098.3483.53
Shareholders equity total7.38-0.8491.56189.90273.44
Balance sheet total (assets)370.51361.10460.88551.85643.04
Net debt179.49248.93252.24270.0828.89
Profitability
EBIT-%
ROA-1.9 %-2.0 %22.5 %19.6 %14.0 %
ROE-63.5 %-4.5 %40.8 %69.9 %36.1 %
ROI-1.9 %-2.1 %23.1 %20.1 %14.4 %
Economic value added (EVA)-25.18-25.27-25.17-23.23-43.35
Solvency
Equity ratio2.0 %-0.2 %19.9 %34.4 %42.5 %
Gearing4739.3 %-42055.1 %387.7 %184.3 %128.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.631.622.334.925.9
Current ratio0.631.622.334.925.9
Cash and cash equivalents170.51106.02102.7079.92321.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:14.0%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.5%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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