IVAR HAAHR A/S — Credit Rating and Financial Key Figures

CVR number: 14207902
Storkevej 2, 6621 Gesten
tel: 75557244

Credit rating

Company information

Official name
IVAR HAAHR A/S
Personnel
3 persons
Established
1990
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About IVAR HAAHR A/S

IVAR HAAHR A/S (CVR number: 14207902) is a company from VEJEN. The company recorded a gross profit of 1590.4 kDKK in 2023. The operating profit was 402.1 kDKK, while net earnings were 307.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.7 %, which can be considered good but Return on Equity (ROE) was 21.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.3 %, 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. IVAR HAAHR A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 342.391 164.641 931.111 980.541 590.41
EBIT308.65136.52778.64705.35402.06
Net earnings236.90101.25602.71535.60307.90
Shareholders equity total1 288.551 164.801 617.511 553.111 361.01
Balance sheet total (assets)1 825.841 941.342 130.283 532.542 336.45
Net debt- 643.53- 443.33- 784.73-1 409.59- 752.68
Profitability
EBIT-%
ROA17.0 %7.2 %38.3 %24.9 %13.7 %
ROE17.9 %8.3 %43.3 %33.8 %21.1 %
ROI22.1 %9.9 %53.0 %42.8 %24.0 %
Economic value added (EVA)191.1077.07576.50500.00310.77
Solvency
Equity ratio70.6 %60.0 %75.9 %56.2 %58.3 %
Gearing7.0 %13.3 %7.9 %23.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.42.41.91.3
Current ratio3.12.23.81.72.3
Cash and cash equivalents733.34598.26784.731 532.451 067.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:13.7%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.3%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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