HARE FINANS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HARE FINANS ApS
HARE FINANS ApS (CVR number: 33644523) is a company from NYBORG. The company recorded a gross profit of -2.2 kDKK in 2023. The operating profit was -2.2 kDKK, while net earnings were 32.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good but Return on Equity (ROE) was 26.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HARE FINANS 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | -0.51 | ||||
Gross profit | -0.51 | 3.08 | 2.15 | -1.85 | -2.24 |
EBIT | -0.51 | 3.08 | 2.15 | -1.85 | -2.24 |
Net earnings | -94.02 | -30.79 | 21.49 | -7.21 | 32.68 |
Shareholders equity total | 106.47 | 136.96 | 115.46 | 108.26 | 140.94 |
Balance sheet total (assets) | 161.71 | 342.50 | 345.42 | 335.76 | 393.04 |
Net debt | - 135.19 | - 177.76 | -0.94 | -62.42 | -20.77 |
Profitability | |||||
EBIT-% | |||||
ROA | -80.9 % | -16.0 % | 0.6 % | -0.5 % | 11.8 % |
ROE | -100.9 % | -25.3 % | 17.0 % | -6.4 % | 26.2 % |
ROI | -129.4 % | -33.1 % | 1.7 % | -1.7 % | 34.4 % |
Economic value added (EVA) | 2.42 | 9.83 | 9.75 | -1.24 | 1.98 |
Solvency | |||||
Equity ratio | 65.8 % | 40.0 % | 33.4 % | 32.2 % | 35.9 % |
Gearing | |||||
Relative net indebtedness % | 15677.6 % | ||||
Liquidity | |||||
Quick ratio | 2.9 | 1.7 | 1.5 | 1.5 | 1.6 |
Current ratio | 2.9 | 1.7 | 1.5 | 1.5 | 1.6 |
Cash and cash equivalents | 135.19 | 177.76 | 0.94 | 62.42 | 20.77 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -20876.1 % | ||||
Credit risk | |||||
Credit rating | B | B | BB | B | BB |
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