Haugaarden ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Haugaarden ApS
Haugaarden ApS (CVR number: 37978582) is a company from AABENRAA. The company recorded a gross profit of -141.3 kDKK in 2024. The operating profit was -281.1 kDKK, while net earnings were -294.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.5 %, which can be considered poor and Return on Equity (ROE) was -39.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.9 %, 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. Haugaarden ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 262.09 | 1 041.08 | 676.55 | 374.37 | - 141.28 |
EBIT | 28.94 | 324.37 | 410.18 | 107.18 | - 281.13 |
Net earnings | 27.57 | 247.69 | 313.19 | 74.58 | - 294.73 |
Shareholders equity total | 258.63 | 506.32 | 819.51 | 894.08 | 599.36 |
Balance sheet total (assets) | 2 637.45 | 3 007.33 | 2 744.51 | 2 734.98 | 2 618.15 |
Net debt | 1 925.50 | 1 482.49 | 992.69 | 1 243.72 | 1 130.07 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.2 % | 11.5 % | 14.3 % | 3.9 % | -10.5 % |
ROE | 11.5 % | 64.8 % | 47.2 % | 8.7 % | -39.5 % |
ROI | 1.2 % | 11.8 % | 15.0 % | 4.1 % | -11.1 % |
Economic value added (EVA) | -74.57 | 121.85 | 171.26 | -57.19 | - 428.47 |
Solvency | |||||
Equity ratio | 9.8 % | 16.8 % | 29.9 % | 32.7 % | 22.9 % |
Gearing | 917.8 % | 464.6 % | 219.6 % | 199.1 % | 297.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.5 | 0.8 | 0.8 | 0.7 |
Current ratio | 0.6 | 0.7 | 0.8 | 0.8 | 0.7 |
Cash and cash equivalents | 448.27 | 869.85 | 807.23 | 536.19 | 649.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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