HØJVANGSVEJ 15 ApS — Credit Rating and Financial Key Figures

CVR number: 20910895
Hørskætten 8, Klovtofte 2630 Taastrup

Company information

Official name
HØJVANGSVEJ 15 ApS
Established
1998
Domicile
Klovtofte
Company form
Private limited company
Industry

About HØJVANGSVEJ 15 ApS

HØJVANGSVEJ 15 ApS (CVR number: 20910895) is a company from Høje-Taastrup. The company reported a net sales of 0.6 mDKK in 2023, demonstrating a growth of 2.3 % compared to the previous year. The operating profit percentage was at 39.7 % (EBIT: 0.2 mDKK), while net earnings were 238.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good and Return on Equity (ROE) was 9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HØJVANGSVEJ 15 ApS's liquidity measured by quick ratio was 23.6 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales490.01548.93561.57
Gross profit241.29240.18292.88281.44326.51
EBIT137.59136.48189.18177.74222.82
Net earnings94.2899.60202.26-11.68238.51
Shareholders equity total2 252.952 352.552 554.812 543.132 781.64
Balance sheet total (assets)2 397.762 504.652 833.372 775.012 964.62
Net debt- 645.60- 879.20-1 317.61-1 237.95-1 602.07
Profitability
EBIT-%38.6 %32.4 %39.7 %
ROA5.9 %5.9 %10.4 %7.7 %11.4 %
ROE4.3 %4.3 %8.2 %-0.5 %9.0 %
ROI6.2 %6.3 %11.1 %8.2 %11.9 %
Economic value added (EVA)-13.61-19.2119.7965.8338.83
Solvency
Equity ratio94.0 %93.9 %90.2 %91.6 %93.8 %
Gearing
Relative net indebtedness %-212.0 %-183.3 %-252.7 %
Liquidity
Quick ratio4.75.96.610.023.6
Current ratio4.75.96.610.023.6
Cash and cash equivalents645.60879.201 317.611 237.951 602.07
Capital use efficiency
Trade debtors turnover (days)6.334.924.6
Net working capital %-14.1 %41.5 %33.5 %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:11.4%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.8%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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