HARDE LARSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31074894
Howitzvej 45, 2000 Frederiksberg
tel: 40166569

Company information

Official name
HARDE LARSEN HOLDING ApS
Established
2007
Company form
Private limited company
Industry

About HARDE LARSEN HOLDING ApS

HARDE LARSEN HOLDING ApS (CVR number: 31074894) is a company from FREDERIKSBERG. The company recorded a gross profit of -11.6 kDKK in 2023. The operating profit was -11.6 kDKK, while net earnings were 693.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.6 %, which can be considered excellent and Return on Equity (ROE) was 15.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 97.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HARDE LARSEN HOLDING ApS's liquidity measured by quick ratio was 25.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-11.10-11.08-17.82-18.53-11.56
EBIT-11.10-11.08-17.82-18.53-11.56
Net earnings403.44212.77337.75204.53693.19
Shareholders equity total3 897.493 999.664 224.404 314.534 889.92
Balance sheet total (assets)3 903.114 005.284 230.034 320.155 018.10
Net debt-1 748.71-1 737.75-1 437.65-2 151.80-3 223.94
Profitability
EBIT-%
ROA10.2 %6.1 %8.3 %7.6 %17.6 %
ROE10.8 %5.4 %8.2 %4.8 %15.1 %
ROI10.2 %6.1 %8.3 %7.6 %17.9 %
Economic value added (EVA)33.59-24.55-41.50-62.46-25.71
Solvency
Equity ratio99.9 %99.9 %99.9 %99.9 %97.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio367.4407.5426.4442.625.5
Current ratio367.4407.5426.4442.625.5
Cash and cash equivalents1 748.711 737.751 437.652 151.803 223.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:17.6%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.4%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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