HØ Ejendomme A/S — Credit Rating and Financial Key Figures

CVR number: 25555341
Vielshøjen 6, Hørby 9500 Hobro
vinther81@hotmail.com
tel: 20994075

Company information

Official name
HØ Ejendomme A/S
Established
2000
Domicile
Hørby
Company form
Limited company
Industry

About HØ Ejendomme A/S

HØ Ejendomme A/S (CVR number: 25555341) is a company from MARIAGERFJORD. The company recorded a gross profit of 467.6 kDKK in 2023. The operating profit was 437.2 kDKK, while net earnings were 98.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 54.9 %, 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. HØ Ejendomme A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit221.48126.7554.78524.96467.59
EBIT-1 778.52126.7554.784 122.50437.19
Net earnings-1 605.28169.52235.353 822.9598.52
Shareholders equity total6 930.277 099.797 137.758 872.208 970.72
Balance sheet total (assets)13 886.6213 871.8613 944.6015 177.6616 327.41
Net debt4 285.204 089.284 063.845 993.216 961.29
Profitability
EBIT-%
ROA-9.9 %1.8 %2.5 %28.9 %4.9 %
ROE-20.8 %2.4 %3.3 %47.8 %1.1 %
ROI-10.0 %1.9 %2.5 %29.2 %4.9 %
Economic value added (EVA)-2 556.28- 448.93- 503.413 682.21- 103.33
Solvency
Equity ratio49.9 %51.2 %51.2 %58.5 %54.9 %
Gearing97.5 %90.6 %91.1 %67.9 %77.6 %
Relative net indebtedness %
Liquidity
Quick ratio4.73.82.50.00.2
Current ratio6.85.43.60.00.2
Cash and cash equivalents2 472.802 345.622 437.3929.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:4.87%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.9%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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