HAARSLEV GROUP A/S — Credit Rating and Financial Key Figures

HAARSLEV GROUP A/S (CVR number: 33968981) is a company from NORDFYNS. The company reported a net sales of 57.4 mDKK in 2019, demonstrating a decline of -32.4 % compared to the previous year. The operating profit percentage was poor at -88.7 % (EBIT: -50.9 mDKK), while net earnings were -171.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -16.5 %, which can be considered poor and Return on Equity (ROE) was -48.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.4 %, 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 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.