HARE FINANS ApS — Credit Rating and Financial Key Figures

CVR number: 33644523
Harevænget 73, 5800 Nyborg
sonne-schmidt@mail.tele.dk
tel: 65302935

Company information

Official name
HARE FINANS ApS
Established
2011
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales-0.51
Gross profit-0.513.082.15-1.85-2.24
EBIT-0.513.082.15-1.85-2.24
Net earnings-94.02-30.7921.49-7.2132.68
Shareholders equity total106.47136.96115.46108.26140.94
Balance sheet total (assets)161.71342.50345.42335.76393.04
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)2.429.839.75-1.241.98
Solvency
Equity ratio65.8 %40.0 %33.4 %32.2 %35.9 %
Gearing
Relative net indebtedness %15677.6 %
Liquidity
Quick ratio2.91.71.51.51.6
Current ratio2.91.71.51.51.6
Cash and cash equivalents135.19177.760.9462.4220.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-20876.1 %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:11.8%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.9%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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