Credit rating
Company information
About HØJ EJENDOMSSELSKAB ApS
HØJ EJENDOMSSELSKAB ApS (CVR number: 28710879) is a company from HERNING. The company recorded a gross profit of 1253.8 kDKK in 2023. The operating profit was 1229.2 kDKK, while net earnings were 281.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 34.7 %, 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. HØJ EJENDOMSSELSKAB ApS's liquidity measured by quick ratio was 1.8 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 334.97 | 1 322.45 | 1 343.89 | 1 195.13 | 1 253.79 |
EBIT | 1 905.72 | 2 287.56 | 3 607.72 | 611.39 | 1 229.23 |
Net earnings | 1 255.17 | 1 572.88 | 2 679.96 | 159.88 | 281.34 |
Shareholders equity total | 6 807.37 | 8 255.26 | 10 810.21 | 10 845.09 | 11 001.43 |
Balance sheet total (assets) | 28 305.45 | 29 245.26 | 31 973.14 | 31 565.69 | 31 669.25 |
Net debt | 17 950.82 | 17 534.14 | 16 705.43 | 16 251.37 | 16 100.66 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.2 % | 8.3 % | 12.4 % | 2.0 % | 4.1 % |
ROE | 20.1 % | 20.9 % | 28.1 % | 1.5 % | 2.6 % |
ROI | 7.5 % | 8.6 % | 12.8 % | 2.0 % | 4.2 % |
Economic value added (EVA) | 282.96 | 557.96 | 1 540.04 | - 885.27 | - 390.46 |
Solvency | |||||
Equity ratio | 24.0 % | 28.2 % | 33.8 % | 34.4 % | 34.7 % |
Gearing | 281.4 % | 226.7 % | 169.8 % | 166.1 % | 163.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.1 | 1.4 | 1.7 | 1.8 |
Current ratio | 0.9 | 1.1 | 1.4 | 1.7 | 1.8 |
Cash and cash equivalents | 1 204.41 | 1 182.59 | 1 654.21 | 1 767.08 | 1 872.17 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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