HOFFCO ApS — Credit Rating and Financial Key Figures

CVR number: 31873673
Skanderborgvej 150, Haldum 8382 Hinnerup
lars@hoffco.dk
tel: 26705515
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Credit rating

Company information

Official name
HOFFCO ApS
Personnel
1 person
Established
2008
Domicile
Haldum
Company form
Private limited company
Industry

About HOFFCO ApS

HOFFCO ApS (CVR number: 31873673) is a company from FAVRSKOV. The company recorded a gross profit of 353.9 kDKK in 2024. The operating profit was -290.8 kDKK, while net earnings were -157.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.3 %, which can be considered poor and Return on Equity (ROE) was -11.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.4 %, 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. HOFFCO ApS's liquidity measured by quick ratio was 3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit87.59395.30306.86289.88353.92
EBIT- 431.05- 284.34- 308.61- 151.79- 290.77
Net earnings647.59468.20- 258.57- 313.87- 157.54
Shareholders equity total1 548.682 016.891 758.321 444.451 286.91
Balance sheet total (assets)2 646.243 650.543 241.492 137.711 855.08
Net debt- 820.75-1 099.47- 967.28- 641.43- 390.07
Profitability
EBIT-%
ROA33.1 %19.1 %-6.0 %-17.7 %-7.3 %
ROE52.9 %26.3 %-13.7 %-19.6 %-11.5 %
ROI35.3 %20.2 %-6.1 %-17.9 %-7.5 %
Economic value added (EVA)- 486.27- 363.59- 489.50- 333.02- 419.12
Solvency
Equity ratio58.5 %55.2 %54.2 %67.6 %69.4 %
Gearing59.1 %73.4 %83.5 %45.9 %39.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.22.42.12.83.0
Current ratio2.22.42.12.83.0
Cash and cash equivalents1 735.392 580.522 435.311 304.96900.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-7.30%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.4%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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