HØGHOLM HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 12618131
Landlystvej 99, Tarp 6715 Esbjerg N

Company information

Official name
HØGHOLM HOLDING ApS
Established
1988
Domicile
Tarp
Company form
Private limited company
Industry

About HØGHOLM HOLDING ApS

HØGHOLM HOLDING ApS (CVR number: 12618131) is a company from ESBJERG. The company reported a net sales of 1.1 mDKK in 2023, demonstrating a growth of 715.1 % compared to the previous year. The operating profit percentage was at 96.2 % (EBIT: 1 mDKK), while net earnings were 1506.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15 %, which can be considered excellent but Return on Equity (ROE) was 14.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HØGHOLM HOLDING ApS's liquidity measured by quick ratio was 11.4 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 sales131.091 068.53
Gross profit-31.23-42.24-37.6792.741 028.06
EBIT-31.23-42.24-37.6792.741 028.06
Net earnings236.056 966.09266.7268.981 506.52
Shareholders equity total2 156.519 037.689 326.419 655.1411 114.85
Balance sheet total (assets)2 690.6310 860.969 987.8110 374.2111 842.61
Net debt-2 689.68-3 627.47-3 118.31-2 712.22-2 756.84
Profitability
EBIT-%70.7 %96.2 %
ROA10.5 %107.2 %3.3 %2.3 %15.0 %
ROE10.5 %124.5 %2.9 %0.7 %14.5 %
ROI10.9 %125.1 %3.7 %2.4 %15.4 %
Economic value added (EVA)4.37-6.16125.94289.991 147.13
Solvency
Equity ratio80.1 %83.2 %93.4 %93.1 %93.9 %
Gearing4.5 %5.0 %3.8 %
Relative net indebtedness %-1890.8 %-229.7 %
Liquidity
Quick ratio25.2103.411.39.511.4
Current ratio25.2103.411.39.511.4
Cash and cash equivalents2 689.683 627.473 534.473 197.653 182.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %984.3 %152.8 %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:15.0%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.9%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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