HOVBORG HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26611423
Borgergade 19, Ø Hovborg 6700 Esbjerg
Benny@bj-agro.dk
tel: 75191581

Credit rating

Company information

Official name
HOVBORG HOLDING ApS
Personnel
1 person
Established
2002
Domicile
Ø Hovborg
Company form
Private limited company
Industry

About HOVBORG HOLDING ApS

HOVBORG HOLDING ApS (CVR number: 26611423) is a company from ESBJERG. The company recorded a gross profit of 425 kDKK in 2024. The operating profit was 98.8 kDKK, while net earnings were 25.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 70 %, which can be considered excellent and Return on Equity (ROE) was 77.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 93.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HOVBORG HOLDING ApS's liquidity measured by quick ratio was 33.5 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 profit228.5274.41-9.29-2.48425.04
EBIT- 189.28- 367.01- 425.78- 425.9198.85
Net earnings891.682 211.871 189.443 059.1525 797.42
Shareholders equity total16 817.3518 329.2218 731.2321 340.3845 017.79
Balance sheet total (assets)21 835.5324 170.0324 344.6227 761.7748 088.51
Net debt1 479.011 452.112 747.022 299.15-25 579.99
Profitability
EBIT-%
ROA4.9 %10.9 %7.6 %13.3 %70.0 %
ROE5.4 %12.6 %6.4 %15.3 %77.8 %
ROI5.0 %11.1 %7.8 %13.8 %72.0 %
Economic value added (EVA)-1 184.48-1 348.01-1 516.23-1 591.91-1 234.98
Solvency
Equity ratio77.0 %75.8 %76.9 %76.9 %93.6 %
Gearing28.7 %27.1 %28.2 %22.1 %6.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.82.72.52.133.5
Current ratio3.82.72.52.133.5
Cash and cash equivalents3 344.213 522.282 526.872 414.3928 281.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:70.0%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.6%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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