HAARSLEV GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HAARSLEV GROUP A/S
HAARSLEV GROUP A/S (CVR number: 33968981K) is a company from NORDFYNS. The company reported a net sales of 68.5 mDKK in 2024, demonstrating a growth of 1.1 % compared to the previous year. The operating profit percentage was poor at -1.9 % (EBIT: -1.3 mDKK), while net earnings were 113.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was 49.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.3 %, 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. HAARSLEV GROUP A/S's liquidity measured by quick ratio was 1.9 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 72.35 | 54.81 | 82.63 | 67.75 | 68.46 |
Gross profit | 72.35 | 54.81 | 82.63 | 67.75 | 68.46 |
EBIT | -3.54 | -3.32 | -8.91 | -6.21 | -1.33 |
Net earnings | -79.53 | 3.13 | - 101.25 | 0.56 | 113.59 |
Shareholders equity total | 219.28 | 244.41 | 180.47 | 171.68 | 290.28 |
Balance sheet total (assets) | 900.29 | 969.39 | 914.86 | 974.91 | 1 149.59 |
Net debt | 245.36 | 223.42 | 208.85 | 194.58 | 183.56 |
Profitability | |||||
EBIT-% | -4.9 % | -6.1 % | -10.8 % | -9.2 % | -1.9 % |
ROA | 0.0 % | 0.1 % | -0.3 % | 0.3 % | 1.7 % |
ROE | -36.3 % | 1.3 % | -47.7 % | 0.3 % | 49.2 % |
ROI | 0.0 % | 0.1 % | -0.3 % | 0.3 % | 1.7 % |
Economic value added (EVA) | -3.43 | -26.00 | -32.50 | -24.14 | -19.71 |
Solvency | |||||
Equity ratio | 24.4 % | 25.2 % | 19.7 % | 17.6 % | 25.3 % |
Gearing | 111.9 % | 91.6 % | 115.9 % | 113.4 % | 63.3 % |
Relative net indebtedness % | 941.1 % | 1321.8 % | 888.3 % | 1185.6 % | 1255.0 % |
Liquidity | |||||
Quick ratio | 1.1 | 1.6 | 1.4 | 1.2 | 1.9 |
Current ratio | 1.1 | 1.6 | 1.4 | 1.2 | 1.9 |
Cash and cash equivalents | 0.07 | 0.50 | 0.37 | 0.06 | 0.19 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 218.5 | 480.4 | 310.2 | 439.4 | 655.1 |
Net working capital % | 6.3 % | 47.4 % | 24.0 % | 19.5 % | 85.7 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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