Hardware Group A/S — Credit Rating and Financial Key Figures

CVR number: 43337726
Marielundvej 45 D, 2730 Herlev

Company information

Official name
Hardware Group A/S
Established
2022
Company form
Limited company
Industry

About Hardware Group A/S

Hardware Group A/S (CVR number: 43337726K) is a company from HERLEV. The company reported a net sales of 579.1 mDKK in 2024, demonstrating a growth of 4.9 % compared to the previous year. The operating profit percentage was at 1.3 % (EBIT: 7.6 mDKK), while net earnings were -71.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.3 %, 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. Hardware Group A/S's liquidity measured by quick ratio was 0.6 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
2022
2023
2024
Volume
Net sales551 913.19579 059.31
Gross profit44 246.9392 803.0890 688.23
EBIT- 957.795 622.557 603.69
Net earnings-4 510.97-3 439.51-71.37
Shareholders equity total124 156.90117 494.11121 142.19
Balance sheet total (assets)381 287.50355 074.19334 054.72
Net debt143 169.67119 431.92107 820.58
Profitability
EBIT-%1.0 %1.3 %
ROA0.2 %1.8 %3.1 %
ROE-3.5 %-2.8 %-0.1 %
ROI0.3 %2.5 %4.4 %
Economic value added (EVA)- 680.03-10 303.21-7 246.14
Solvency
Equity ratio32.8 %33.1 %36.3 %
Gearing118.1 %104.4 %92.4 %
Relative net indebtedness %40.4 %34.3 %
Liquidity
Quick ratio0.70.80.6
Current ratio1.71.71.4
Cash and cash equivalents3 518.043 250.084 060.38
Capital use efficiency
Trade debtors turnover (days)51.844.4
Net working capital %16.1 %10.0 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.14%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.3%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Director
Chairman of the board

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