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Hovgaard Invest ApS — Credit Rating and Financial Key Figures

CVR number: 12693907
Skyttevej 11 B, 7800 Skive
Free credit report Annual report

Company information

Official name
Hovgaard Invest ApS
Established
1989
Company form
Private limited company
Industry

About Hovgaard Invest ApS

Hovgaard Invest ApS (CVR number: 12693907) is a company from SKIVE. The company recorded a gross profit of 764.7 kDKK in 2024. The operating profit was 512.4 kDKK, while net earnings were 6679.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.3 %, which can be considered excellent and Return on Equity (ROE) was 57 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.6 %, 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. Hovgaard Invest ApS's liquidity measured by quick ratio was 1.5 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 profit738.35973.351 219.001 242.93764.70
EBIT595.48773.881 017.121 012.69512.35
Net earnings1 841.482 367.933 565.862 104.076 679.31
Shareholders equity total6 343.108 711.0311 776.8913 380.9610 060.27
Balance sheet total (assets)15 827.6619 763.8122 347.6921 517.5714 883.48
Net debt8 107.0010 005.879 293.467 402.594 178.92
Profitability
EBIT-%
ROA13.8 %14.7 %20.8 %12.0 %38.3 %
ROE34.0 %31.5 %34.8 %16.7 %57.0 %
ROI14.0 %14.8 %21.0 %12.1 %38.8 %
Economic value added (EVA)-35.6625.31- 167.79- 294.96- 605.76
Solvency
Equity ratio40.1 %44.1 %52.7 %62.2 %67.6 %
Gearing131.8 %116.0 %80.0 %56.5 %41.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.20.21.5
Current ratio0.10.10.20.21.6
Cash and cash equivalents253.2695.35126.44161.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:38.3%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.6%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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