HARRY LUND A/S — Credit Rating and Financial Key Figures

CVR number: 17466836
Gamle Kongevej 31, 6200 Aabenraa
tel: 74627801

Credit rating

Company information

Official name
HARRY LUND A/S
Established
1993
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings2 395.731 261.451 363.35-2 166.841 137.25
Shareholders equity total16 542.6617 804.1117 240.4814 673.6315 410.88
Balance sheet total (assets)16 553.2817 814.7317 348.6014 687.2615 424.51
Net debt-13 247.66-15 485.99-17 330.89-14 583.96-15 267.86
Profitability
EBIT-%
ROA17.9 %13.0 %11.2 %4.0 %9.8 %
ROE15.6 %7.3 %7.8 %-13.6 %7.6 %
ROI17.9 %13.0 %11.2 %4.0 %9.8 %
Economic value added (EVA)- 272.28- 212.21- 186.68-99.27-86.33
Solvency
Equity ratio99.9 %99.9 %99.4 %99.9 %99.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1 350.91 676.7160.41 078.01 132.0
Current ratio1 350.91 676.7160.41 078.01 132.0
Cash and cash equivalents13 247.6615 485.9917 330.8914 583.9615 267.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:9.75%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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