Hartvigs Bageri Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Hartvigs Bageri Holding ApS
Hartvigs Bageri Holding ApS (CVR number: 41966661) is a company from LEMVIG. The company recorded a gross profit of -5.2 kDKK in 2024. The operating profit was -5.2 kDKK, while net earnings were 114.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.5 %, which can be considered excellent and Return on Equity (ROE) was 19.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.8 %, 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. Hartvigs Bageri Holding ApS's liquidity measured by quick ratio was 1.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -6.92 | -5.00 | -5.25 | -5.25 |
EBIT | -6.92 | -5.00 | -5.25 | -5.25 |
Net earnings | 319.17 | 52.49 | 268.05 | 114.33 |
Shareholders equity total | 359.17 | 411.66 | 579.72 | 572.05 |
Balance sheet total (assets) | 458.91 | 442.37 | 671.27 | 819.30 |
Net debt | 4.62 | 13.68 | 45.53 | -49.98 |
Profitability | ||||
EBIT-% | ||||
ROA | 69.8 % | 12.6 % | 48.6 % | 16.5 % |
ROE | 88.9 % | 13.6 % | 54.1 % | 19.9 % |
ROI | 88.0 % | 14.4 % | 51.5 % | 17.5 % |
Economic value added (EVA) | -5.70 | -22.58 | -25.62 | -35.74 |
Solvency | ||||
Equity ratio | 78.3 % | 93.1 % | 86.4 % | 69.8 % |
Gearing | 1.3 % | 3.3 % | 7.9 % | 36.7 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.9 | 0.4 | 0.9 | 1.2 |
Current ratio | 0.9 | 0.4 | 0.9 | 1.2 |
Cash and cash equivalents | 0.08 | 0.03 | 259.75 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BBB | BBB | BBB |
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