DAVID HARRITZ HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27403387
Engmarken 18 B, 8220 Brabrand
tlk@tlk.dk
tel: 86136505

Company information

Official name
DAVID HARRITZ HOLDING ApS
Established
2003
Company form
Private limited company
Industry

About DAVID HARRITZ HOLDING ApS

DAVID HARRITZ HOLDING ApS (CVR number: 27403387) is a company from AARHUS. The company recorded a gross profit of 738.3 kDKK in 2023. The operating profit was 414.8 kDKK, while net earnings were 1062.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered weak but Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 49 %, 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. DAVID HARRITZ HOLDING ApS's liquidity measured by quick ratio was 5 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
Gross profit666.16407.49611.21776.86738.33
EBIT449.53172.03399.67453.31414.78
Net earnings707.66580.72300.72809.521 062.95
Shareholders equity total5 805.926 086.645 987.3615 560.6816 099.95
Balance sheet total (assets)19 953.6321 373.9720 780.4632 426.6733 004.55
Net debt12 949.0711 861.3612 023.7711 569.3011 199.68
Profitability
EBIT-%
ROA5.1 %4.8 %3.1 %4.1 %4.0 %
ROE12.4 %9.8 %5.0 %7.5 %6.7 %
ROI5.3 %5.0 %3.2 %4.2 %4.0 %
Economic value added (EVA)- 399.25- 641.55- 426.29- 489.11- 936.58
Solvency
Equity ratio29.3 %28.6 %28.9 %48.1 %49.0 %
Gearing230.0 %237.2 %238.0 %90.1 %85.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.43.35.95.25.0
Current ratio1.23.15.14.64.4
Cash and cash equivalents402.972 575.442 223.472 456.422 605.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:3.97%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.0%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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