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 2024. The operating profit was 2.2 kDKK, while net earnings were -75.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was -73.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.5 %, 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 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3.08 | 2.15 | -1.85 | -2.24 | 2.21 |
EBIT | 3.08 | 2.15 | -1.85 | -2.24 | 2.21 |
Net earnings | -30.79 | 21.49 | -7.21 | 32.68 | -75.62 |
Shareholders equity total | 136.96 | 115.46 | 108.26 | 140.94 | 65.32 |
Balance sheet total (assets) | 342.50 | 345.42 | 335.76 | 393.04 | 221.14 |
Net debt | - 177.76 | -0.94 | -62.42 | - 369.51 | - 189.58 |
Profitability | |||||
EBIT-% | |||||
ROA | -16.0 % | 0.6 % | -0.5 % | 10.9 % | 1.4 % |
ROE | -25.3 % | 17.0 % | -6.4 % | 26.2 % | -73.3 % |
ROI | -33.1 % | 1.7 % | -1.7 % | 31.9 % | 4.1 % |
Economic value added (EVA) | -3.00 | -5.21 | -7.32 | -7.33 | -5.03 |
Solvency | |||||
Equity ratio | 40.0 % | 33.4 % | 32.2 % | 35.9 % | 29.5 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 1.5 | 1.5 | 1.6 | 1.4 |
Current ratio | 1.7 | 1.5 | 1.5 | 1.6 | 1.4 |
Cash and cash equivalents | 177.76 | 0.94 | 62.42 | 369.51 | 189.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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