HØEGH HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 28308949
Københavnsvej 2-4, 3400 Hillerød
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Company information

Official name
HØEGH HOLDING A/S
Established
2004
Company form
Limited company
Industry

About HØEGH HOLDING A/S

HØEGH HOLDING A/S (CVR number: 28308949) is a company from HILLERØD. The company recorded a gross profit of -8.4 kDKK in 2022. The operating profit was -8.4 kDKK, while net earnings were -179.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -2.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.3 %, 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. HØEGH HOLDING A/S's liquidity measured by quick ratio was 3.4 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit- 111.844.09-4.45-11.41-8.36
EBIT- 111.844.09-4.45-11.41-8.36
Net earnings194.89488.41240.17- 433.10- 179.74
Shareholders equity total6 539.516 782.867 023.036 589.936 410.19
Balance sheet total (assets)11 817.5311 786.5210 704.108 512.528 189.34
Net debt3 303.122 315.36328.19- 894.43-1 277.18
Profitability
EBIT-%
ROA2.6 %5.4 %3.2 %-1.5 %-1.4 %
ROE2.9 %7.3 %3.5 %-6.4 %-2.8 %
ROI2.7 %5.4 %3.2 %-1.5 %-1.4 %
Economic value added (EVA)- 304.33- 181.84-64.476.5857.14
Solvency
Equity ratio55.3 %57.5 %65.6 %77.4 %78.3 %
Gearing80.6 %73.7 %52.1 %29.1 %27.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.51.52.13.4
Current ratio1.81.51.52.13.4
Cash and cash equivalents1 967.172 680.553 331.302 809.523 048.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:-1.43%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.3%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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