HAUGAARD PRODUCTION ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HAUGAARD PRODUCTION ApS
HAUGAARD PRODUCTION ApS (CVR number: 31591260) is a company from TÅRNBY. The company recorded a gross profit of 233.3 kDKK in 2021. The operating profit was -91.3 kDKK, while net earnings were -76.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.2 %, which can be considered poor and Return on Equity (ROE) was -27.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HAUGAARD PRODUCTION ApS's liquidity measured by quick ratio was 4.8 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 financials2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 673.40 | 571.73 | 479.58 | 653.54 | 233.28 |
| EBIT | 65.01 | 39.42 | -42.32 | 147.55 | -91.35 |
| Net earnings | 48.02 | 25.86 | -40.62 | 87.86 | -76.66 |
| Shareholders equity total | 328.82 | 354.68 | 314.06 | 346.62 | 213.46 |
| Balance sheet total (assets) | 682.43 | 520.02 | 523.04 | 680.61 | 269.15 |
| Net debt | - 330.46 | - 209.75 | - 270.06 | - 459.39 | - 189.89 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 9.4 % | 6.6 % | -8.1 % | 24.5 % | -19.2 % |
| ROE | 14.5 % | 7.6 % | -12.1 % | 26.6 % | -27.4 % |
| ROI | 18.8 % | 10.5 % | -11.1 % | 41.8 % | -31.9 % |
| Economic value added (EVA) | 51.72 | 30.59 | -38.41 | 107.95 | -66.02 |
| Solvency | |||||
| Equity ratio | 48.2 % | 68.2 % | 60.0 % | 50.9 % | 79.3 % |
| Gearing | 3.8 % | 16.4 % | 10.3 % | 3.6 % | 0.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.3 | 2.1 | 2.0 | 1.8 | 4.8 |
| Current ratio | 1.3 | 2.1 | 2.0 | 1.8 | 4.8 |
| Cash and cash equivalents | 343.06 | 267.89 | 302.44 | 471.83 | 190.41 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BB |
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