Harmony Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37299332
Kraneledvej 5, Busemarke 4791 Borre
erolski@gmail.com
tel: 51903765

Credit rating

Company information

Official name
Harmony Holding ApS
Personnel
1 person
Established
2015
Domicile
Busemarke
Company form
Private limited company
Industry

About Harmony Holding ApS

Harmony Holding ApS (CVR number: 37299332) is a company from VORDINGBORG. The company recorded a gross profit of -35.9 kDKK in 2023. The operating profit was -92.3 kDKK, while net earnings were -35.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak but Return on Equity (ROE) was -2.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Harmony Holding ApS's liquidity measured by quick ratio was 41.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-5.38-5.50-16.93-27.54-35.88
EBIT-5.38-5.50-42.12- 154.29-92.32
Net earnings-44.6031.431 834.23- 288.52-35.26
Shareholders equity total70.18101.611 935.851 532.931 440.47
Balance sheet total (assets)556.61208.492 043.901 622.061 476.22
Net debt481.0515.79-1 728.55-1 507.46-1 442.54
Profitability
EBIT-%
ROA-2.7 %10.8 %168.0 %-7.6 %3.2 %
ROE-15.1 %36.6 %180.1 %-16.6 %-2.4 %
ROI-2.7 %12.3 %182.9 %-8.0 %3.3 %
Economic value added (EVA)-7.64-2.44-30.24- 129.97-69.21
Solvency
Equity ratio12.6 %48.7 %94.7 %94.5 %97.6 %
Gearing685.4 %15.5 %0.8 %0.6 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.737.118.241.3
Current ratio0.90.737.118.241.3
Cash and cash equivalents1 744.421 517.341 448.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:3.18%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.6%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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