HARDAM HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HARDAM HOLDING A/S
HARDAM HOLDING A/S (CVR number: 26988969) is a company from HOLSTEBRO. The company recorded a gross profit of -185 kDKK in 2023. The operating profit was -675 kDKK, while net earnings were 5065.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 78.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HARDAM HOLDING A/S's liquidity measured by quick ratio was 3.2 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 | -1.71 | - 522.47 | - 620.87 | - 432.97 | - 184.98 |
EBIT | - 377.07 | -1 361.05 | -1 456.72 | - 727.57 | - 675.01 |
Net earnings | 64 944.96 | 8 669.77 | 14 845.30 | -5 278.19 | 5 065.76 |
Shareholders equity total | 122 394.01 | 130 063.79 | 138 909.09 | 132 030.89 | 135 596.65 |
Balance sheet total (assets) | 132 848.32 | 146 541.95 | 162 487.21 | 155 234.40 | 173 316.36 |
Net debt | -86 984.75 | -85 295.49 | -87 634.44 | -66 452.61 | -60 989.05 |
Profitability | |||||
EBIT-% | |||||
ROA | 68.8 % | 8.0 % | 12.5 % | 11.8 % | 11.7 % |
ROE | 71.9 % | 6.9 % | 11.0 % | -3.9 % | 3.8 % |
ROI | 72.4 % | 8.3 % | 12.5 % | 8.0 % | 4.0 % |
Economic value added (EVA) | 580.43 | -1 854.37 | -2 455.75 | -1 652.72 | -2 368.81 |
Solvency | |||||
Equity ratio | 92.1 % | 88.8 % | 85.5 % | 85.1 % | 78.2 % |
Gearing | 0.0 % | 11.5 % | 16.3 % | 16.4 % | 26.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.0 | 6.4 | 4.8 | 4.6 | 3.2 |
Current ratio | 9.0 | 6.4 | 4.8 | 4.6 | 3.2 |
Cash and cash equivalents | 87 012.87 | 100 224.57 | 110 341.62 | 88 142.96 | 97 460.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AA | AA | AA |
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