HARTVIGSEN & CO ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HARTVIGSEN & CO ApS
HARTVIGSEN & CO ApS (CVR number: 36086106) is a company from HOLSTEBRO. The company recorded a gross profit of 239.2 kDKK in 2024. The operating profit was -984.7 kDKK, while net earnings were -92 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HARTVIGSEN & CO ApS's liquidity measured by quick ratio was 68.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 333.94 | 313.50 | 311.17 | 295.81 | 239.23 |
EBIT | - 860.76 | -1 063.46 | -1 031.38 | -1 004.01 | - 984.67 |
Net earnings | 219.26 | 1 231.29 | - 433.13 | - 289.77 | -92.02 |
Shareholders equity total | 19 301.24 | 20 419.53 | 18 786.40 | 18 378.83 | 18 169.81 |
Balance sheet total (assets) | 19 478.69 | 20 714.90 | 19 313.29 | 18 790.02 | 18 440.69 |
Net debt | -17 833.51 | -19 128.28 | -17 544.79 | -17 300.89 | -16 872.45 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.6 % | 7.4 % | 4.6 % | 1.1 % | 1.4 % |
ROE | 1.1 % | 6.2 % | -2.2 % | -1.6 % | -0.5 % |
ROI | 1.7 % | 7.5 % | 4.7 % | 1.1 % | 1.4 % |
Economic value added (EVA) | -1 575.57 | -1 850.94 | -2 066.63 | -1 965.62 | -1 913.23 |
Solvency | |||||
Equity ratio | 99.1 % | 98.6 % | 97.3 % | 97.8 % | 98.5 % |
Gearing | 0.9 % | 1.9 % | 0.5 % | 1.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 109.8 | 70.1 | 36.7 | 45.7 | 68.1 |
Current ratio | 109.8 | 70.1 | 36.7 | 45.7 | 68.1 |
Cash and cash equivalents | 17 833.51 | 19 310.77 | 17 894.79 | 17 400.89 | 17 069.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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