HARBIN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HARBIN HOLDING ApS
HARBIN HOLDING ApS (CVR number: 35469990) is a company from ODENSE. The company recorded a gross profit of -23.9 kDKK in 2023. The operating profit was -23.9 kDKK, while net earnings were -4663.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.4 %, which can be considered poor and Return on Equity (ROE) was -27.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.4 %, 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. HARBIN HOLDING ApS's liquidity measured by quick ratio was 10.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -10.12 | -22.52 | -18.75 | -23.92 | |
EBIT | 265.80 | -22.52 | -18.75 | -23.92 | |
Net earnings | 1 326.11 | 3 879.23 | 2 392.50 | 4 523.61 | -4 663.65 |
Shareholders equity total | 4 887.52 | 8 656.15 | 15 751.16 | 19 490.20 | 14 708.75 |
Balance sheet total (assets) | 5 120.88 | 13 730.03 | 21 952.28 | 24 315.11 | 18 763.49 |
Net debt | - 751.21 | 675.03 | 2 673.09 | 209.30 | 327.87 |
Profitability | |||||
EBIT-% | |||||
ROA | 29.8 % | 41.5 % | 13.8 % | 19.9 % | -21.4 % |
ROE | 31.0 % | 57.3 % | 19.6 % | 25.7 % | -27.3 % |
ROI | 30.7 % | 42.6 % | 13.9 % | 22.0 % | -26.3 % |
Economic value added (EVA) | 147.91 | 485.27 | 607.86 | 971.71 | 751.96 |
Solvency | |||||
Equity ratio | 95.4 % | 63.0 % | 71.8 % | 80.2 % | 78.4 % |
Gearing | 12.2 % | 19.0 % | 2.2 % | 2.4 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.2 | 0.5 | 0.6 | 4.3 | 10.3 |
Current ratio | 4.2 | 0.5 | 0.6 | 4.3 | 10.3 |
Cash and cash equivalents | 751.21 | 382.97 | 313.39 | 222.70 | 26.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | AA | AA | BBB |
Variable visualization
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