HØEGH HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 111.84 | 4.09 | -4.45 | -11.41 | -8.36 |
EBIT | - 111.84 | 4.09 | -4.45 | -11.41 | -8.36 |
Net earnings | 194.89 | 488.41 | 240.17 | - 433.10 | - 179.74 |
Shareholders equity total | 6 539.51 | 6 782.86 | 7 023.03 | 6 589.93 | 6 410.19 |
Balance sheet total (assets) | 11 817.53 | 11 786.52 | 10 704.10 | 8 512.52 | 8 189.34 |
Net debt | 3 303.12 | 2 315.36 | 328.19 | - 894.43 | -1 277.18 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.6 % | 5.4 % | 3.2 % | -1.5 % | -1.4 % |
ROE | 2.9 % | 7.3 % | 3.5 % | -6.4 % | -2.8 % |
ROI | 2.7 % | 5.4 % | 3.2 % | -1.5 % | -1.4 % |
Economic value added (EVA) | - 304.33 | - 181.84 | -64.47 | 6.58 | 57.14 |
Solvency | |||||
Equity ratio | 55.3 % | 57.5 % | 65.6 % | 77.4 % | 78.3 % |
Gearing | 80.6 % | 73.7 % | 52.1 % | 29.1 % | 27.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 1.5 | 1.5 | 2.1 | 3.4 |
Current ratio | 1.8 | 1.5 | 1.5 | 2.1 | 3.4 |
Cash and cash equivalents | 1 967.17 | 2 680.55 | 3 331.30 | 2 809.52 | 3 048.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
Variable visualization
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