HARALD IVERSEN & SØN A/S — Credit Rating and Financial Key Figures

CVR number: 15992093
Rødspættevej 2, 7680 Thyborøn
tel: 97832214
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Credit rating

Company information

Official name
HARALD IVERSEN & SØN A/S
Personnel
22 persons
Established
1992
Company form
Limited company
Industry

About HARALD IVERSEN & SØN A/S

HARALD IVERSEN & SØN A/S (CVR number: 15992093) is a company from LEMVIG. The company recorded a gross profit of 8845.9 kDKK in 2024. The operating profit was -21.8 kDKK, while net earnings were -173.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -23 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 10.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. HARALD IVERSEN & SØN A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit5 939.064 109.206 215.128 716.968 845.86
EBIT542.44-1 565.74429.742 078.59-21.79
Net earnings329.38-1 793.17157.341 749.14- 173.75
Shareholders equity total727.47-1 065.70- 908.36840.78667.02
Balance sheet total (assets)5 604.454 099.336 720.877 300.266 600.79
Net debt1 495.532 342.635 310.483 592.482 470.83
Profitability
EBIT-%
ROA9.1 %-29.1 %6.7 %27.8 %-0.2 %
ROE58.5 %-74.3 %2.9 %46.3 %-23.0 %
ROI17.7 %-65.6 %11.0 %42.4 %-0.4 %
Economic value added (EVA)227.96-1 685.54460.231 768.86- 241.12
Solvency
Equity ratio13.0 %-20.6 %-11.9 %11.5 %10.1 %
Gearing205.8 %-227.1 %-585.4 %427.8 %370.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.70.80.80.7
Current ratio1.20.80.91.11.1
Cash and cash equivalents1.8077.127.344.040.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-0.23%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.1%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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