HOEG OG KOLD ApS — Credit Rating and Financial Key Figures

CVR number: 20560088
Strøybergsvej 80, 9000 Aalborg
info@time2bee.net
tel: 98110345

Company information

Official name
HOEG OG KOLD ApS
Personnel
1 person
Established
1998
Company form
Private limited company
Industry

About HOEG OG KOLD ApS

HOEG OG KOLD ApS (CVR number: 20560088) is a company from AALBORG. The company recorded a gross profit of -30.2 kDKK in 2023. The operating profit was -433 kDKK, while net earnings were 501.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 77.7 %, 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. HOEG OG KOLD ApS's liquidity measured by quick ratio was 5.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit58.94-4.79-60.6418.58-30.19
EBIT- 253.21- 325.55- 425.47- 385.35- 433.01
Net earnings-3 432.1715 321.2713 207.0513 761.50501.92
Shareholders equity total76 016.3890 166.79102 356.58115 127.16113 671.49
Balance sheet total (assets)76 256.24135 330.07147 524.58150 209.78146 361.66
Net debt-19 910.40-23 144.20-13 747.16-20 257.06-7 737.34
Profitability
EBIT-%
ROA-4.3 %14.6 %9.4 %9.3 %0.5 %
ROE-4.4 %18.4 %13.7 %12.7 %0.4 %
ROI-4.3 %14.6 %9.4 %9.6 %0.5 %
Economic value added (EVA)-4 226.04-4 071.98-7 126.23-7 707.60-7 447.01
Solvency
Equity ratio99.7 %66.6 %69.4 %76.6 %77.7 %
Gearing0.2 %0.0 %0.0 %0.0 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio206.6145.4133.62.45.2
Current ratio206.6145.4133.62.45.2
Cash and cash equivalents20 074.2923 188.6013 793.4720 307.768 495.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:0.48%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.7%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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