High End Solution ApS — Credit Rating and Financial Key Figures

CVR number: 27450881
Ådalsvænget 16, 6800 Varde
erikstolten@gmail.com

Credit rating

Company information

Official name
High End Solution ApS
Personnel
1 person
Established
2003
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About High End Solution ApS

High End Solution ApS (CVR number: 27450881) is a company from VARDE. The company recorded a gross profit of 205.9 kDKK in 2023. The operating profit was 205.9 kDKK, while net earnings were 178.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.7 %, which can be considered excellent and Return on Equity (ROE) was 66.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. High End Solution ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit- 133.93- 275.81237.26176.10205.89
EBIT- 133.93- 206.81127.9461.83205.89
Net earnings- 163.18- 245.76113.1535.92178.92
Shareholders equity total41.28- 204.48-91.33-55.41123.51
Balance sheet total (assets)344.69275.56329.74414.92452.52
Net debt83.07205.1453.9096.42- 208.55
Profitability
EBIT-%
ROA-40.3 %-50.2 %28.4 %13.9 %44.7 %
ROE-132.8 %-155.1 %37.4 %9.6 %66.5 %
ROI-50.6 %-79.8 %64.6 %39.9 %116.1 %
Economic value added (EVA)- 138.78- 225.96142.3369.19213.93
Solvency
Equity ratio12.0 %-42.6 %-21.7 %-11.8 %27.3 %
Gearing459.6 %-140.4 %-119.3 %-362.8 %24.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.20.30.31.0
Current ratio1.10.60.80.91.4
Cash and cash equivalents106.6481.9555.05104.61239.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:44.7%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.3%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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