Harmony ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Harmony ApS
Harmony ApS (CVR number: 39906635) is a company from KØBENHAVN. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a growth of 8.8 % compared to the previous year. The operating profit percentage was at 14.5 % (EBIT: 0 mDKK), while net earnings were 42.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.7 %, which can be considered excellent and Return on Equity (ROE) was 65.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Harmony ApS's liquidity measured by quick ratio was 4.1 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 109.41 | 125.66 | 261.01 | 268.71 | 292.22 |
Gross profit | 56.89 | 78.20 | 181.13 | 41.47 | 136.78 |
EBIT | 28.73 | 6.93 | 113.54 | - 110.10 | 42.51 |
Net earnings | 22.39 | 4.94 | 87.81 | - 111.95 | 42.39 |
Shareholders equity total | 22.40 | 27.34 | 155.15 | 43.20 | 85.58 |
Balance sheet total (assets) | 49.26 | 74.72 | 201.40 | 70.70 | 115.44 |
Net debt | -33.94 | -47.46 | - 199.83 | -51.46 | -95.95 |
Profitability | |||||
EBIT-% | 26.3 % | 5.5 % | 43.5 % | -41.0 % | 14.5 % |
ROA | 58.1 % | 11.2 % | 82.2 % | -80.9 % | 45.7 % |
ROE | 100.0 % | 19.9 % | 96.2 % | -112.9 % | 65.8 % |
ROI | 76.0 % | 15.0 % | 107.5 % | -109.3 % | 64.4 % |
Economic value added (EVA) | 22.49 | 6.76 | 90.96 | - 107.77 | 43.00 |
Solvency | |||||
Equity ratio | 45.5 % | 36.6 % | 77.0 % | 61.1 % | 74.1 % |
Gearing | 68.1 % | 99.7 % | 1.0 % | 3.6 % | 2.0 % |
Relative net indebtedness % | -20.4 % | -21.7 % | -59.4 % | -9.5 % | -23.2 % |
Liquidity | |||||
Quick ratio | 9.1 | 4.0 | 9.2 | 2.7 | 4.1 |
Current ratio | 9.1 | 4.0 | 9.2 | 2.7 | 4.1 |
Cash and cash equivalents | 49.19 | 74.72 | 201.39 | 53.02 | 97.68 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.2 | 0.0 | 0.0 | ||
Net working capital % | 40.1 % | 44.5 % | 68.8 % | 16.7 % | 29.9 % |
Credit risk | |||||
Credit rating | BB | BB | BB | B | BB |
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