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 icon61Telecommunications

About HARTING ApS

HARTING ApS (CVR number: 28715994) is a company from VEJLE. The company recorded a gross profit of 13.7 mDKK in 2023. The operating profit was 2153.5 kDKK, while net earnings were 1675.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.8 %, which can be considered excellent and Return on Equity (ROE) was 39 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.5 %, 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 1.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit10 208.0610 593.9311 013.6513 504.9713 721.32
EBIT1 884.132 852.331 922.843 807.122 153.48
Net earnings1 486.302 117.391 419.952 849.241 675.09
Shareholders equity total1 035.183 152.574 572.524 921.763 662.85
Balance sheet total (assets)7 267.3312 667.1212 765.6413 629.2912 872.55
Net debt1 516.90964.86-1 269.291 126.904 303.36
Profitability
EBIT-%
ROA20.2 %28.6 %15.1 %28.8 %16.8 %
ROE24.9 %101.1 %36.8 %60.0 %39.0 %
ROI30.2 %45.7 %24.3 %47.0 %25.0 %
Economic value added (EVA)1 651.862 264.691 509.572 956.331 546.29
Solvency
Equity ratio14.2 %24.9 %35.8 %36.1 %28.5 %
Gearing327.2 %137.8 %70.4 %70.6 %157.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.31.51.51.3
Current ratio1.11.41.51.51.3
Cash and cash equivalents1 869.913 379.914 488.492 348.041 473.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:16.8%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.5%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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