J. K. HARTVING ApS — Credit Rating and Financial Key Figures

CVR number: 30307011
Krogen 11, 8250 Egå
tel: 86225930
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Company information

Official name
J. K. HARTVING ApS
Personnel
4 persons
Established
1975
Company form
Private limited company
Industry

About J. K. HARTVING ApS

J. K. HARTVING ApS (CVR number: 30307011) is a company from AARHUS. The company recorded a gross profit of 2622.6 kDKK in 2023. The operating profit was 1159.4 kDKK, while net earnings were 906.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.8 %, which can be considered excellent and Return on Equity (ROE) was 18.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.1 %, 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. J. K. HARTVING ApS's liquidity measured by quick ratio was 1.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 188.792 808.382 680.833 022.722 622.61
EBIT952.391 502.901 403.311 665.991 159.45
Net earnings1 062.351 097.531 038.851 318.19906.17
Shareholders equity total7 046.393 143.924 182.775 500.964 407.13
Balance sheet total (assets)8 882.004 910.066 317.377 638.316 770.77
Net debt-5 149.35- 555.72552.69- 675.10- 196.31
Profitability
EBIT-%
ROA16.1 %22.3 %25.8 %25.4 %17.8 %
ROE13.6 %21.5 %28.4 %27.2 %18.3 %
ROI18.9 %28.1 %34.0 %31.4 %21.3 %
Economic value added (EVA)524.101 088.81987.331 096.22706.34
Solvency
Equity ratio79.9 %65.2 %66.2 %72.0 %65.1 %
Gearing3.7 %14.7 %16.7 %16.4 %26.9 %
Relative net indebtedness %
Liquidity
Quick ratio4.71.81.82.61.5
Current ratio5.73.43.44.32.8
Cash and cash equivalents5 407.651 018.06144.901 579.111 381.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:17.8%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.1%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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