Hasfarm Europe A/S

CVR number: 39855496
Viborgvej 717 A, 8471 Sabro

Credit rating

Company information

Official name
Hasfarm Europe A/S
Personnel
1 person
Established
2018
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Hasfarm Europe A/S

Hasfarm Europe A/S (CVR number: 39855496) is a company from AARHUS. The company recorded a gross profit of 259.3 kDKK in 2023. The operating profit was -575.5 kDKK, while net earnings were -471.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.7 %, which can be considered poor and Return on Equity (ROE) was -99.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 2.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Hasfarm Europe A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit- 425.45795.681 623.551 527.07259.26
EBIT-1 214.4167.41876.36690.37- 575.50
Net earnings- 894.739.87647.01570.86- 471.16
Shareholders equity total- 394.74- 384.87262.14833.00111.84
Balance sheet total (assets)829.42885.051 886.591 977.684 393.54
Net debt354.25166.42-1 314.42-1 574.61- 884.77
Profitability
EBIT-%
ROA-94.1 %3.8 %54.7 %38.2 %-17.7 %
ROE-107.9 %1.2 %112.8 %104.3 %-99.7 %
ROI-192.0 %8.1 %140.1 %91.7 %-105.8 %
Economic value added (EVA)- 948.9289.72726.94609.25- 420.12
Solvency
Equity ratio-32.2 %-30.3 %13.9 %42.1 %2.5 %
Gearing-152.0 %-150.8 %148.6 %14.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.71.31.91.0
Current ratio0.60.71.31.91.0
Cash and cash equivalents245.68414.151 704.081 698.47884.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCBBBBBBB

Variable visualization

ROA:-17.7%
Rating: 2/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.55%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

Build time: 2024-10-21T13:51:17.428Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.