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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 -5.9 kDKK in 2025. The operating profit was -5.9 kDKK, while net earnings were 269 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.2 %, which can be considered excellent and Return on Equity (ROE) was 41 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.7 %, 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. Hartvigs Bageri Holding ApS's liquidity measured by quick ratio was 1.3 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 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -6.92 | -5.00 | -5.25 | -5.25 | -5.93 |
| EBIT | -6.92 | -5.00 | -5.25 | -5.25 | -5.93 |
| Net earnings | 319.17 | 52.49 | 268.05 | 114.33 | 268.97 |
| Shareholders equity total | 359.17 | 411.66 | 579.72 | 572.05 | 741.02 |
| Balance sheet total (assets) | 458.91 | 442.37 | 671.27 | 819.30 | 1 181.85 |
| Net debt | 4.62 | 13.68 | 45.53 | -49.98 | - 126.68 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 69.8 % | 12.6 % | 48.6 % | 16.5 % | 28.2 % |
| ROE | 88.9 % | 13.6 % | 54.1 % | 19.9 % | 41.0 % |
| ROI | 88.0 % | 14.4 % | 51.5 % | 17.5 % | 30.0 % |
| Economic value added (EVA) | -5.70 | -22.58 | -25.62 | -35.74 | -44.03 |
| Solvency | |||||
| Equity ratio | 78.3 % | 93.1 % | 86.4 % | 69.8 % | 62.7 % |
| Gearing | 1.3 % | 3.3 % | 7.9 % | 36.7 % | 48.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.9 | 0.4 | 0.9 | 1.2 | 1.3 |
| Current ratio | 0.9 | 0.4 | 0.9 | 1.2 | 1.3 |
| Cash and cash equivalents | 0.08 | 0.03 | 259.75 | 487.70 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | A | A | A |
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