NIELS HARDER A/S — Credit Rating and Financial Key Figures

CVR number: 44682915
Stockholmsgade 51, 2100 København Ø
nh@revisorharder.dk
tel: 40111525

Company information

Official name
NIELS HARDER A/S
Personnel
1 person
Established
1973
Company form
Limited company
Industry

About NIELS HARDER A/S

NIELS HARDER A/S (CVR number: 44682915) is a company from KØBENHAVN. The company reported a net sales of 0.6 mDKK in 2023, demonstrating a decline of -77.7 % compared to the previous year. The operating profit percentage was poor at -8.3 % (EBIT: -0.1 mDKK), while net earnings were 114 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 89.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NIELS HARDER A/S's liquidity measured by quick ratio was 2.2 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales3 941.003 949.004 011.002 741.00610.00
Gross profit982.00963.001 146.00668.00494.98
EBIT-73.00- 241.008.00- 661.00-50.87
Net earnings- 240.0066.00- 160.00- 814.00113.99
Shareholders equity total4 888.004 855.004 594.003 780.003 894.10
Balance sheet total (assets)6 430.006 549.006 157.004 414.004 347.08
Net debt- 673.00- 465.00- 576.00- 354.00- 482.59
Profitability
EBIT-%-1.9 %-6.1 %0.2 %-24.1 %-8.3 %
ROA0.6 %2.1 %1.4 %-11.5 %3.3 %
ROE-4.7 %1.4 %-3.4 %-19.4 %3.0 %
ROI0.8 %2.8 %1.8 %-14.6 %3.7 %
Economic value added (EVA)- 291.45- 452.80- 212.60- 867.81- 223.02
Solvency
Equity ratio76.0 %74.1 %74.6 %85.6 %89.6 %
Gearing
Relative net indebtedness %22.1 %31.1 %24.6 %10.2 %-4.9 %
Liquidity
Quick ratio1.31.31.31.62.2
Current ratio1.31.31.31.62.2
Cash and cash equivalents673.00465.00576.00354.00482.59
Capital use efficiency
Trade debtors turnover (days)122.7150.6137.574.7299.2
Net working capital %12.3 %10.8 %13.5 %13.4 %90.7 %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:3.26%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.6%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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