A. HAARGAARD HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About A. HAARGAARD HOLDING A/S
A. HAARGAARD HOLDING A/S (CVR number: 26038537) is a company from VEJLE. The company recorded a gross profit of -19.8 kDKK in 2023. The operating profit was -19.8 kDKK, while net earnings were 910.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.5 %, which can be considered excellent but Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 57.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. A. HAARGAARD HOLDING A/S's liquidity measured by quick ratio was 2.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -27.56 | -28.47 | -21.33 | -18.88 | -19.81 |
EBIT | -27.56 | -28.47 | -21.33 | -18.88 | -19.81 |
Net earnings | 397.46 | 927.29 | 4 192.67 | 2 479.16 | 910.75 |
Shareholders equity total | 719.17 | 1 646.46 | 5 839.13 | 8 318.30 | 9 229.05 |
Balance sheet total (assets) | 6 201.71 | 11 092.63 | 15 666.71 | 17 894.73 | 15 987.06 |
Net debt | -3 468.11 | -8 335.31 | -12 520.34 | -14 336.52 | -9 681.95 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.4 % | 13.5 % | 33.2 % | 16.0 % | 25.5 % |
ROE | 76.4 % | 78.4 % | 112.0 % | 35.0 % | 10.4 % |
ROI | 16.2 % | 30.5 % | 67.4 % | 26.1 % | 39.5 % |
Economic value added (EVA) | 211.28 | 242.38 | 449.18 | 469.24 | 449.25 |
Solvency | |||||
Equity ratio | 11.6 % | 14.8 % | 37.3 % | 46.5 % | 57.7 % |
Gearing | 367.3 % | 162.6 % | 52.0 % | 39.9 % | 10.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.2 | 1.6 | 1.9 | 2.4 |
Current ratio | 1.1 | 1.2 | 1.6 | 1.9 | 2.4 |
Cash and cash equivalents | 6 109.36 | 11 012.29 | 15 555.03 | 17 652.89 | 10 649.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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