Hartvigs Bageri Holding ApS — Credit Rating and Financial Key Figures

CVR number: 41966661
Jens Søndergårds Vej 7, 7620 Lemvig

Credit rating

Company information

Official name
Hartvigs Bageri Holding ApS
Established
2020
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
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 earnings319.1752.49268.05114.33
Shareholders equity total359.17411.66579.72572.05
Balance sheet total (assets)458.91442.37671.27819.30
Net debt4.6213.6845.53-49.98
Profitability
EBIT-%
ROA69.8 %12.6 %48.6 %16.5 %
ROE88.9 %13.6 %54.1 %19.9 %
ROI88.0 %14.4 %51.5 %17.5 %
Economic value added (EVA)-5.70-22.58-25.62-35.74
Solvency
Equity ratio78.3 %93.1 %86.4 %69.8 %
Gearing1.3 %3.3 %7.9 %36.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.40.91.2
Current ratio0.90.40.91.2
Cash and cash equivalents0.080.03259.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:16.5%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.8%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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