HARRY LUND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HARRY LUND A/S
HARRY LUND A/S (CVR number: 17466836) is a company from AABENRAA. The company recorded a gross profit of -81.8 kDKK in 2023. The operating profit was -81.8 kDKK, while net earnings were 1137.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good but Return on Equity (ROE) was 7.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HARRY LUND A/S's liquidity measured by quick ratio was 1132 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 | |||||
Gross profit | -44.13 | -46.64 | -76.55 | - 103.81 | -81.83 |
EBIT | -44.13 | -46.64 | -76.55 | - 103.81 | -81.83 |
Net earnings | 2 395.73 | 1 261.45 | 1 363.35 | -2 166.84 | 1 137.25 |
Shareholders equity total | 16 542.66 | 17 804.11 | 17 240.48 | 14 673.63 | 15 410.88 |
Balance sheet total (assets) | 16 553.28 | 17 814.73 | 17 348.60 | 14 687.26 | 15 424.51 |
Net debt | -13 247.66 | -15 485.99 | -17 330.89 | -14 583.96 | -15 267.86 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.9 % | 13.0 % | 11.2 % | 4.0 % | 9.8 % |
ROE | 15.6 % | 7.3 % | 7.8 % | -13.6 % | 7.6 % |
ROI | 17.9 % | 13.0 % | 11.2 % | 4.0 % | 9.8 % |
Economic value added (EVA) | - 272.28 | - 212.21 | - 186.68 | -99.27 | -86.33 |
Solvency | |||||
Equity ratio | 99.9 % | 99.9 % | 99.4 % | 99.9 % | 99.9 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1 350.9 | 1 676.7 | 160.4 | 1 078.0 | 1 132.0 |
Current ratio | 1 350.9 | 1 676.7 | 160.4 | 1 078.0 | 1 132.0 |
Cash and cash equivalents | 13 247.66 | 15 485.99 | 17 330.89 | 14 583.96 | 15 267.86 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
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