HOFF HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26776252
Åvangen 16, Kirkeby 5771 Stenstrup

Credit rating

Company information

Official name
HOFF HOLDING ApS
Established
2002
Domicile
Kirkeby
Company form
Private limited company
Industry

About HOFF HOLDING ApS

HOFF HOLDING ApS (CVR number: 26776252) is a company from SVENDBORG. The company recorded a gross profit of -12.6 kDKK in 2021. The operating profit was -12.6 kDKK, while net earnings were -20.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -1.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.1 %, 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. HOFF HOLDING ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit-70.45-35.31-19.069.69-12.63
EBIT-70.45-35.31-19.069.69-12.63
Net earnings-42.1762.74-45.9756.61-20.90
Shareholders equity total1 306.721 369.461 323.491 380.101 359.20
Balance sheet total (assets)1 755.641 813.641 804.031 853.301 859.40
Net debt403.83430.13453.6580.3496.52
Profitability
EBIT-%
ROA-1.9 %4.9 %-1.2 %3.5 %-0.3 %
ROE-3.2 %4.7 %-3.4 %4.2 %-1.5 %
ROI-1.9 %4.9 %-1.2 %4.0 %-0.4 %
Economic value added (EVA)-6.4553.9260.3795.2978.88
Solvency
Equity ratio74.4 %75.5 %73.4 %74.5 %73.1 %
Gearing33.6 %31.4 %34.3 %5.8 %7.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.00.00.00.0
Current ratio0.20.00.00.00.0
Cash and cash equivalents34.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.32%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.1%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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