HARRITZ ApS — Credit Rating and Financial Key Figures

CVR number: 10124220
Skovmøllevej 18, 7100 Vejle

Company information

Official name
HARRITZ ApS
Personnel
2 persons
Established
2003
Company form
Private limited company
Industry

About HARRITZ ApS

HARRITZ ApS (CVR number: 10124220) is a company from VEJLE. The company recorded a gross profit of 995.5 kDKK in 2023. The operating profit was 528.1 kDKK, while net earnings were 426.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.8 %, which can be considered excellent and Return on Equity (ROE) was 16.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.7 %, 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. HARRITZ ApS's liquidity measured by quick ratio was 2.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit277.441 040.521 155.16968.83995.52
EBIT122.84692.27818.07640.89528.10
Net earnings123.69613.87616.35483.11426.68
Shareholders equity total1 730.392 344.262 960.613 443.721 870.41
Balance sheet total (assets)2 604.613 538.944 035.514 221.732 573.29
Net debt-1 491.04-2 338.81-2 921.01-3 295.79-1 572.18
Profitability
EBIT-%
ROA4.9 %23.2 %22.2 %16.2 %16.8 %
ROE7.4 %30.1 %23.2 %15.1 %16.1 %
ROI5.1 %25.6 %25.1 %18.0 %18.7 %
Economic value added (EVA)193.90646.40675.34528.65422.52
Solvency
Equity ratio66.4 %66.2 %73.4 %81.6 %72.7 %
Gearing43.3 %31.9 %21.5 %10.7 %21.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.62.63.34.72.9
Current ratio2.92.93.75.33.6
Cash and cash equivalents2 240.963 085.913 556.633 663.931 969.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:16.8%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.7%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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