Hartvigs Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 31300401
Plantagevej 51, 3460 Birkerød
steen@hartvigs.dk
tel: 33162640
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Company information

Official name
Hartvigs Ejendomme ApS
Established
2008
Company form
Private limited company
Industry

About Hartvigs Ejendomme ApS

Hartvigs Ejendomme ApS (CVR number: 31300401) is a company from RUDERSDAL. The company reported a net sales of 0.2 mDKK in 2024, demonstrating a growth of 17.1 % compared to the previous year. The operating profit percentage was at 65 % (EBIT: 0.2 mDKK), while net earnings were 123.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 17.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Hartvigs Ejendomme ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales118.33117.06125.65203.74238.59
Gross profit46.0450.9757.68118.56154.97
EBIT46.0450.9757.68118.56154.97
Net earnings17.5628.57226.34263.10123.75
Shareholders equity total131.17159.74386.08649.18772.93
Balance sheet total (assets)971.67976.382 865.943 295.903 379.41
Net debt531.40492.671 513.671 480.211 423.81
Profitability
EBIT-%38.9 %43.5 %45.9 %58.2 %65.0 %
ROA4.7 %5.2 %16.7 %3.8 %6.6 %
ROE14.3 %19.6 %82.9 %50.8 %17.4 %
ROI6.7 %7.4 %24.3 %5.6 %9.3 %
Economic value added (EVA)1.245.2510.48-6.847.33
Solvency
Equity ratio13.5 %16.4 %13.5 %19.7 %22.9 %
Gearing421.1 %330.0 %392.5 %234.2 %190.8 %
Relative net indebtedness %692.6 %668.3 %1926.0 %1213.0 %1008.5 %
Liquidity
Quick ratio0.10.10.00.00.1
Current ratio0.10.10.00.00.1
Cash and cash equivalents20.9434.401.6839.9150.83
Capital use efficiency
Trade debtors turnover (days)13.2
Net working capital %-218.4 %-218.0 %-1527.0 %-489.3 %-402.0 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:6.56%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.9%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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