HEARTLAND A/S — Credit Rating and Financial Key Figures

CVR number: 28502370
Store Torv 1, 8000 Aarhus C

Company information

Official name
HEARTLAND A/S
Personnel
33 persons
Established
2005
Company form
Limited company
Industry

About HEARTLAND A/S

HEARTLAND A/S (CVR number: 28502370) is a company from AARHUS. The company recorded a gross profit of -27000 kDKK in 2024. The operating profit was -78 mDKK, while net earnings were 2185 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent and Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 80.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HEARTLAND A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales32 343 666.00
Gross profit8 092 015.00-31 000.00- 114 000.00-26 000.00-27 000.00
EBIT620 004.00-69 000.00- 151 000.00-68 000.00-78 000.00
Net earnings45 071.005 914 000.001 026 000.00752 000.002 185 000.00
Shareholders equity total25 249 117.0030 573 000.0032 666 000.0031 465 000.0033 258 000.00
Balance sheet total (assets)46 419 236.0034 625 000.0040 814 000.0038 421 000.0041 243 000.00
Net debt7 494 251.003 850 000.007 768 000.006 643 000.007 781 000.00
Profitability
EBIT-%1.9 %
ROA3.0 %14.6 %2.7 %2.3 %6.0 %
ROE0.2 %21.6 %3.2 %2.3 %6.8 %
ROI3.3 %16.0 %2.7 %2.3 %6.0 %
Economic value added (EVA)1 098 550.50- 341 332.03575 462.13505 137.36246 258.45
Solvency
Equity ratio54.4 %88.3 %80.0 %81.9 %80.6 %
Gearing48.3 %12.8 %24.5 %21.4 %23.4 %
Relative net indebtedness %44.1 %
Liquidity
Quick ratio0.50.20.80.80.5
Current ratio0.70.20.80.80.5
Cash and cash equivalents4 692 528.0061 000.00236 000.0095 000.001 000.00
Capital use efficiency
Trade debtors turnover (days)27.9
Net working capital %-16.7 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:6.01%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.6%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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