TORE HARTELIUS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TORE HARTELIUS A/S
TORE HARTELIUS A/S (CVR number: 10080622) is a company from AARHUS. The company recorded a gross profit of -9.9 kDKK in 2023. The operating profit was -194.1 kDKK, while net earnings were -154.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.7 %, which can be considered poor and Return on Equity (ROE) was -16.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TORE HARTELIUS A/S's liquidity measured by quick ratio was 32.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 603.59 | - 680.21 | -88.22 | 99.69 | -9.87 |
EBIT | 520.33 | -2 957.04 | - 499.29 | - 265.72 | - 194.10 |
Net earnings | 390.05 | -1 185.99 | - 424.32 | - 235.04 | - 154.60 |
Shareholders equity total | 1 148.43 | -37.57 | - 461.89 | 919.42 | 970.36 |
Balance sheet total (assets) | 3 440.24 | 1 139.34 | 883.14 | 961.86 | 1 001.20 |
Net debt | 587.08 | 454.01 | 1 170.77 | -4.65 | -4.45 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.9 % | -127.5 % | -39.6 % | -19.3 % | -19.7 % |
ROE | 14.2 % | -103.7 % | -42.0 % | -26.1 % | -16.4 % |
ROI | 12.0 % | -178.4 % | -60.8 % | -23.1 % | -20.5 % |
Economic value added (EVA) | 242.86 | -2 155.93 | - 380.49 | - 183.22 | - 197.62 |
Solvency | |||||
Equity ratio | 33.4 % | -3.2 % | -34.3 % | 95.6 % | 96.9 % |
Gearing | 53.3 % | -1236.8 % | -254.9 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.8 | 0.9 | 0.6 | 22.7 | 32.5 |
Current ratio | 2.8 | 0.9 | 0.6 | 22.7 | 32.5 |
Cash and cash equivalents | 25.37 | 10.66 | 6.77 | 4.65 | 4.45 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | B | BB | BB | BB |
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