Harmony ApS — Credit Rating and Financial Key Figures

CVR number: 39906635
Ernie Wilkins Vej 25, 2450 København SV
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Company information

Official name
Harmony ApS
Personnel
3 persons
Established
2018
Company form
Private limited company
Industry

About Harmony ApS

Harmony ApS (CVR number: 39906635) is a company from KØBENHAVN. The company reported a net sales of 0.4 mDKK in 2024, demonstrating a growth of 43.8 % compared to the previous year. The operating profit percentage was at 0.9 % (EBIT: 0 mDKK), while net earnings were 4.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak but Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 72.7 %, 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 4.4 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales125.66261.01268.71292.22420.33
Gross profit78.20181.1341.47136.78300.08
EBIT6.93113.54- 110.1042.513.98
Net earnings4.9487.81- 111.9542.394.12
Shareholders equity total27.34155.1543.2085.5889.70
Balance sheet total (assets)74.72201.4070.70115.44142.97
Net debt-47.46- 199.83-51.46-95.95- 111.93
Profitability
EBIT-%5.5 %43.5 %-41.0 %14.5 %0.9 %
ROA11.2 %82.2 %-80.9 %45.7 %3.2 %
ROE19.9 %96.2 %-112.9 %65.8 %4.7 %
ROI15.0 %107.5 %-109.3 %64.4 %4.6 %
Economic value added (EVA)3.5285.83- 117.9740.26-0.41
Solvency
Equity ratio36.6 %77.0 %61.1 %74.1 %72.7 %
Gearing99.7 %1.0 %3.6 %2.0 %1.3 %
Relative net indebtedness %-21.7 %-59.4 %-9.5 %-23.2 %-14.2 %
Liquidity
Quick ratio4.09.22.74.14.4
Current ratio4.09.22.74.12.7
Cash and cash equivalents74.72201.3953.0297.68113.10
Capital use efficiency
Trade debtors turnover (days)0.00.010.5
Net working capital %44.5 %68.8 %16.7 %29.9 %21.6 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:3.19%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.7%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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