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Harsberg Holding A/S — Credit Rating and Financial Key Figures

CVR number: 18399385
Spartavej 7, 2300 København S
tel: 22454686
Free credit report Annual report

Company information

Official name
Harsberg Holding A/S
Personnel
1 person
Established
1995
Company form
Limited company
Industry

About Harsberg Holding A/S

Harsberg Holding A/S (CVR number: 18399385) is a company from KØBENHAVN. The company recorded a gross profit of 446.3 kDKK in 2024. The operating profit was 388.2 kDKK, while net earnings were 245.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.3 %, which can be considered excellent and Return on Equity (ROE) was 56.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -64.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Harsberg Holding A/S's liquidity measured by quick ratio was 0.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit617.24121.1569.98463.48446.28
EBIT393.40- 119.7669.48463.48388.20
Net earnings774.48- 192.07-28.05319.99245.66
Shareholders equity total-1 073.92-1 265.99-1 294.05- 974.06- 728.40
Balance sheet total (assets)668.25580.27643.54468.01394.91
Net debt1 639.361 835.801 882.651 381.411 071.26
Profitability
EBIT-%
ROA14.3 %-9.8 %2.4 %27.4 %30.3 %
ROE167.9 %-30.8 %-4.6 %57.6 %56.9 %
ROI14.7 %-10.1 %2.4 %28.2 %31.6 %
Economic value added (EVA)267.54- 114.1740.80330.68281.27
Solvency
Equity ratio-61.6 %-68.6 %-66.8 %-67.5 %-64.8 %
Gearing-152.8 %-145.1 %-147.4 %-142.1 %-147.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.30.30.4
Current ratio0.30.30.30.30.4
Cash and cash equivalents1.340.7925.012.930.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:30.3%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-64.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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