HALVORSEN ApS — Credit Rating and Financial Key Figures

CVR number: 24227812
Industrivej 24, 5492 Vissenbjerg
kontor@halvorsen-aps.dk
tel: 64473071

Credit rating

Company information

Official name
HALVORSEN ApS
Personnel
4 persons
Established
1999
Company form
Private limited company
Industry

About HALVORSEN ApS

HALVORSEN ApS (CVR number: 24227812) is a company from ASSENS. The company recorded a gross profit of 2468.4 kDKK in 2024. The operating profit was 177.4 kDKK, while net earnings were 112 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good but Return on Equity (ROE) was 16 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HALVORSEN ApS's liquidity measured by quick ratio was 1.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 165.333 898.183 923.511 388.902 468.39
EBIT223.21269.15192.62-1 354.63177.37
Net earnings107.42141.0543.50-1 087.09111.97
Shareholders equity total1 548.521 689.571 733.07645.98757.95
Balance sheet total (assets)5 275.544 120.443 927.991 701.551 684.28
Net debt- 866.55- 578.70-1 638.44-29.52- 366.50
Profitability
EBIT-%
ROA5.3 %7.4 %5.6 %-47.2 %10.9 %
ROE4.8 %8.7 %2.5 %-91.4 %16.0 %
ROI7.6 %9.9 %7.0 %-60.9 %15.9 %
Economic value added (EVA)186.34267.67162.57- 988.76128.96
Solvency
Equity ratio29.4 %41.0 %44.1 %38.0 %45.0 %
Gearing121.9 %86.8 %83.3 %73.8 %55.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.61.71.31.6
Current ratio1.51.61.81.51.8
Cash and cash equivalents2 754.852 044.743 082.35506.49788.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.9%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.0%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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