MICHAEL HAARGAARD HOLDING A/S

CVR number: 30488059
Løvenørnsgade 3, 8700 Horsens

Credit rating

Company information

Official name
MICHAEL HAARGAARD HOLDING A/S
Personnel
1 person
Established
2007
Company form
Limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About MICHAEL HAARGAARD HOLDING A/S

MICHAEL HAARGAARD HOLDING A/S (CVR number: 30488059) is a company from HORSENS. The company recorded a gross profit of -149.2 kDKK in 2023. The operating profit was -374.2 kDKK, while net earnings were 1535.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL HAARGAARD HOLDING A/S's liquidity measured by quick ratio was 18.9 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
20192020202120222023
Volume
Net sales
Gross profit63.11-61.16-24.30-49.49- 149.16
EBIT63.11-61.16-24.30-49.49- 374.16
Net earnings4 409.503 996.284 103.42- 578.191 535.92
Shareholders equity total11 677.5814 173.8617 950.5716 982.7818 400.91
Balance sheet total (assets)15 757.1518 621.6018 532.9817 474.6318 974.90
Net debt4 007.211 145.09-2 952.45-7 145.53-7 434.03
Profitability
EBIT-%
ROA39.3 %24.1 %22.4 %4.7 %7.7 %
ROE46.3 %30.9 %25.5 %-3.3 %8.7 %
ROI39.4 %24.4 %22.8 %4.7 %7.8 %
Economic value added (EVA)9.11155.35-26.65- 155.07- 706.49
Solvency
Equity ratio74.1 %76.1 %96.9 %97.2 %97.0 %
Gearing34.9 %28.9 %1.9 %2.9 %1.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.41.111.019.818.9
Current ratio0.41.111.019.818.9
Cash and cash equivalents69.242 949.473 300.787 634.257 659.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBBA

Variable visualization

ROA:7.69%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.0%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

Companies in the same industry

Build time: 2024-10-21T13:51:17.439Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.