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MICHAEL HAARGAARD HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 30488059
Løvenørnsgade 3, 8700 Horsens
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Company information

Official name
MICHAEL HAARGAARD HOLDING A/S
Personnel
1 person
Established
2007
Company form
Limited company
Industry

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 -53.2 kDKK in 2025. The operating profit was -53.2 kDKK, while net earnings were 4252.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.5 %, which can be considered excellent and Return on Equity (ROE) was 18.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.7 %, 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 12 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit-24.30-49.49- 149.16-61.46-53.17
EBIT-24.30-49.49- 374.16- 277.46-53.17
Net earnings4 103.42- 578.191 535.923 098.704 252.66
Shareholders equity total17 950.5716 982.7818 400.9121 377.6025 495.26
Balance sheet total (assets)18 532.9817 474.6318 974.9022 180.1726 636.84
Net debt-2 952.45-7 145.53-7 434.03-6 218.744.02
Profitability
EBIT-%
ROA22.4 %4.7 %7.7 %15.8 %18.5 %
ROE25.5 %-3.3 %8.7 %15.6 %18.1 %
ROI22.8 %4.7 %7.8 %16.1 %19.0 %
Economic value added (EVA)- 942.36- 969.01-1 327.67-1 151.79-1 139.89
Solvency
Equity ratio96.9 %97.2 %97.0 %96.4 %95.7 %
Gearing1.9 %2.9 %1.2 %2.3 %0.8 %
Relative net indebtedness %
Liquidity
Quick ratio11.019.818.914.812.0
Current ratio11.019.818.914.812.0
Cash and cash equivalents3 300.787 634.257 659.006 702.91203.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:18.5%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.7%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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