HARALD HALBERG HOLDING A/S — Credit Rating and Financial Key Figures

HARALD HALBERG HOLDING A/S (CVR number: 30523296K) is a company from SVENDBORG. The company reported a net sales of 688.6 mDKK in 2019, demonstrating a growth of 7.7 % compared to the previous year. The operating profit percentage was at 3.7 % (EBIT: 25.1 mDKK), while net earnings were -3440.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.1 %, 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. HARALD HALBERG HOLDING A/S's liquidity measured by quick ratio was 1.7 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.