Harmony ApS — Credit Rating and Financial Key Figures

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

Company information

Official name
Harmony ApS
Personnel
4 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 0.3 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales109.41125.66261.01268.71292.22
Gross profit56.8978.20181.1341.47136.78
EBIT28.736.93113.54- 110.1042.51
Net earnings22.394.9487.81- 111.9542.39
Shareholders equity total22.4027.34155.1543.2085.58
Balance sheet total (assets)49.2674.72201.4070.70115.44
Net debt-33.94-47.46- 199.83-51.46-95.95
Profitability
EBIT-%26.3 %5.5 %43.5 %-41.0 %14.5 %
ROA58.1 %11.2 %82.2 %-80.9 %45.7 %
ROE100.0 %19.9 %96.2 %-112.9 %65.8 %
ROI76.0 %15.0 %107.5 %-109.3 %64.4 %
Economic value added (EVA)22.496.7690.96- 107.7743.00
Solvency
Equity ratio45.5 %36.6 %77.0 %61.1 %74.1 %
Gearing68.1 %99.7 %1.0 %3.6 %2.0 %
Relative net indebtedness %-20.4 %-21.7 %-59.4 %-9.5 %-23.2 %
Liquidity
Quick ratio9.14.09.22.74.1
Current ratio9.14.09.22.74.1
Cash and cash equivalents49.1974.72201.3953.0297.68
Capital use efficiency
Trade debtors turnover (days)0.20.00.0
Net working capital %40.1 %44.5 %68.8 %16.7 %29.9 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:45.7%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.1%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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