HARM MAMMEN & SØNNER A/S — Credit Rating and Financial Key Figures

CVR number: 28857799
Spølbækvej 4-6, 6330 Padborg

Company information

Official name
HARM MAMMEN & SØNNER A/S
Personnel
46 persons
Established
2005
Company form
Limited company
Industry

About HARM MAMMEN & SØNNER A/S

HARM MAMMEN & SØNNER A/S (CVR number: 28857799) is a company from AABENRAA. The company recorded a gross profit of 34.1 mDKK in 2024. The operating profit was 2907.9 kDKK, while net earnings were 665.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 18.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. HARM MAMMEN & SØNNER A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit22 746.0024 875.0026 661.0031 864.0034 119.76
EBIT1 236.001 257.001 994.003 427.002 907.86
Net earnings526.00610.001 107.001 510.00665.31
Shareholders equity total5 879.006 489.007 596.008 988.009 530.92
Balance sheet total (assets)25 953.0026 495.0037 497.0055 005.0052 031.20
Net debt5 257.004 159.006 660.009 932.0010 196.13
Profitability
EBIT-%
ROA5.7 %5.0 %6.4 %7.4 %5.5 %
ROE11.7 %9.9 %15.7 %18.2 %7.2 %
ROI7.9 %6.8 %8.3 %9.1 %6.4 %
Economic value added (EVA)304.4155.65544.841 176.32-67.71
Solvency
Equity ratio22.7 %24.5 %20.3 %16.3 %18.3 %
Gearing93.3 %75.0 %89.5 %110.8 %107.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.50.60.50.6
Current ratio0.50.60.70.60.6
Cash and cash equivalents229.00708.00141.0026.002.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.49%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.3%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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