A. HAARGAARD HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 26038537
Vesterkant 13, 7100 Vejle
tel: 75857888

Credit rating

Company information

Official name
A. HAARGAARD HOLDING A/S
Established
2001
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings397.46927.294 192.672 479.16910.75
Shareholders equity total719.171 646.465 839.138 318.309 229.05
Balance sheet total (assets)6 201.7111 092.6315 666.7117 894.7315 987.06
Net debt-3 468.11-8 335.31-12 520.34-14 336.52-9 681.95
Profitability
EBIT-%
ROA8.4 %13.5 %33.2 %16.0 %25.5 %
ROE76.4 %78.4 %112.0 %35.0 %10.4 %
ROI16.2 %30.5 %67.4 %26.1 %39.5 %
Economic value added (EVA)211.28242.38449.18469.24449.25
Solvency
Equity ratio11.6 %14.8 %37.3 %46.5 %57.7 %
Gearing367.3 %162.6 %52.0 %39.9 %10.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.21.61.92.4
Current ratio1.11.21.61.92.4
Cash and cash equivalents6 109.3611 012.2915 555.0317 652.8910 649.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:25.5%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.7%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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