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HARBO GROUP ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HARBO GROUP ApS
HARBO GROUP ApS (CVR number: 29635234) is a company from HEDENSTED. The company recorded a gross profit of 3 kDKK in 2025. The operating profit was -779 kDKK, while net earnings were -1213.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak but Return on Equity (ROE) was -8.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HARBO GROUP ApS's liquidity measured by quick ratio was 7 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 376.31 | 363.25 | - 402.40 | 393.67 | 3.02 |
| EBIT | -1 486.23 | - 558.65 | -1 723.08 | - 873.91 | - 779.05 |
| Net earnings | 1 729.89 | -3 236.93 | - 681.93 | -1 120.50 | -1 213.30 |
| Shareholders equity total | 22 043.33 | 18 692.00 | 16 410.07 | 15 289.57 | 14 076.26 |
| Balance sheet total (assets) | 25 809.13 | 22 096.12 | 22 029.49 | 18 573.12 | 14 394.55 |
| Net debt | -6 963.97 | -3 149.82 | 3 721.67 | 1 900.80 | - 667.10 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 8.8 % | -2.1 % | -0.8 % | -3.6 % | 3.4 % |
| ROE | 8.1 % | -15.9 % | -3.9 % | -7.1 % | -8.3 % |
| ROI | 7.9 % | -8.0 % | -1.8 % | -3.6 % | -6.9 % |
| Economic value added (EVA) | -2 634.19 | -1 795.52 | -2 774.40 | -1 970.03 | -1 699.30 |
| Solvency | |||||
| Equity ratio | 85.4 % | 84.6 % | 74.5 % | 82.3 % | 97.8 % |
| Gearing | 11.7 % | 11.9 % | 32.9 % | 19.8 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.2 | 2.8 | 1.1 | 1.7 | 7.0 |
| Current ratio | 3.3 | 3.0 | 1.2 | 1.9 | 8.6 |
| Cash and cash equivalents | 9 535.08 | 5 379.47 | 1 681.61 | 1 123.03 | 667.10 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | BBB | BBB | BBB |
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