HARTING ApS — Credit Rating and Financial Key Figures

CVR number: 28715994
Lysholt Allé 8, 7100 Vejle

Credit rating

Company information

Official name
HARTING ApS
Personnel
12 persons
Established
2005
Company form
Private limited company
Industry
  • Expand more icon27Manufacture of electrical equipment

About HARTING ApS

HARTING ApS (CVR number: 28715994) is a company from VEJLE. The company recorded a gross profit of 16.1 mDKK in 2024. The operating profit was 3883 kDKK, while net earnings were 2964.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.9 %, which can be considered excellent and Return on Equity (ROE) was 68.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.3 %, 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. HARTING ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit10 593.9311 013.6513 504.9713 721.3216 056.52
EBIT2 852.331 922.843 807.122 153.483 882.97
Net earnings2 117.391 419.952 849.241 675.092 964.28
Shareholders equity total3 152.574 572.524 921.763 662.854 952.13
Balance sheet total (assets)12 667.1212 765.6413 629.2912 872.5516 360.57
Net debt964.86-1 269.291 126.904 303.366 192.10
Profitability
EBIT-%
ROA28.6 %15.1 %28.8 %16.8 %26.9 %
ROE101.1 %36.8 %60.0 %39.0 %68.8 %
ROI45.7 %24.3 %47.0 %25.0 %35.5 %
Economic value added (EVA)2 264.691 509.572 956.331 546.292 761.23
Solvency
Equity ratio24.9 %35.8 %36.1 %28.5 %30.3 %
Gearing137.8 %70.4 %70.6 %157.7 %156.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.51.51.31.4
Current ratio1.41.51.51.31.4
Cash and cash equivalents3 379.914 488.492 348.041 473.661 570.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:26.9%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.3%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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