HOVI Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HOVI Holding ApS
HOVI Holding ApS (CVR number: 37410470) is a company from KØBENHAVN. The company recorded a gross profit of -81.3 kDKK in 2024. The operating profit was -81.3 kDKK, while net earnings were -1355.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -132.1 %, which can be considered poor and Return on Equity (ROE) was -168.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HOVI Holding ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -6.20 | -26.56 | -11.78 | - 128.15 | -81.35 |
| EBIT | -6.20 | -26.56 | -11.78 | - 128.15 | -81.35 |
| Net earnings | 991.41 | 1 495.03 | - 957.37 | - 457.28 | -1 355.59 |
| Shareholders equity total | 2 803.72 | 4 098.74 | 2 810.67 | 1 509.69 | 99.11 |
| Balance sheet total (assets) | 2 865.76 | 4 159.20 | 2 991.73 | 1 687.46 | 343.99 |
| Net debt | - 472.56 | -2 294.00 | -1 598.04 | - 425.37 | - 343.99 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 40.5 % | 42.9 % | -26.2 % | -19.5 % | -132.1 % |
| ROE | 41.9 % | 43.3 % | -27.7 % | -21.2 % | -168.5 % |
| ROI | 41.2 % | 43.4 % | -27.2 % | -21.2 % | -166.8 % |
| Economic value added (EVA) | 46.99 | 29.96 | 71.12 | -95.79 | - 105.69 |
| Solvency | |||||
| Equity ratio | 97.8 % | 98.5 % | 93.9 % | 89.5 % | 28.8 % |
| Gearing | 1.7 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 10.3 | 40.2 | 8.8 | 2.4 | 1.4 |
| Current ratio | 10.3 | 40.2 | 8.8 | 2.4 | 1.4 |
| Cash and cash equivalents | 519.46 | 2 294.00 | 1 598.04 | 425.37 | 343.99 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | BBB | BB | B |
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