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HØJAGER NØRGAARD A/S

CVR number: 28974175
Højagervej 2, Grynderup 9610 Nørager

Credit rating

Company information

Official name
HØJAGER NØRGAARD A/S
Established
2005
Domicile
Grynderup
Company form
Limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About the company

HØJAGER NØRGAARD A/S (CVR number: 28974175) is a company from REBILD. The company recorded a gross profit of -7.2 kDKK in 2022. The operating profit was -7.2 kDKK, while net earnings were -26.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was -57.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 1.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. HØJAGER NØRGAARD A/S's liquidity measured by quick ratio was 0.1 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
20182019202020212022
Volume
Net sales
Gross profit-9.38-8.38-8.13-7.13-7.25
EBIT-9.38-8.38-8.13-7.13-7.25
Net earnings-78.34-74.74- 110.13-79.61-26.51
Shareholders equity total323.78249.04138.9159.3032.79
Balance sheet total (assets)3 371.573 387.883 340.553 150.742 918.70
Net debt3 042.673 133.723 196.513 086.312 721.97
Profitability
EBIT-%
ROA0.3 %0.2 %0.1 %0.1 %1.7 %
ROE-21.6 %-26.1 %-56.8 %-80.3 %-57.6 %
ROI0.3 %0.2 %0.1 %0.1 %1.7 %
Economic value added (EVA)-29.58-24.65-20.64-14.11-10.23
Solvency
Equity ratio9.6 %7.4 %4.2 %1.9 %1.1 %
Gearing939.7 %1258.3 %2301.2 %5204.4 %8784.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.1
Current ratio0.1
Cash and cash equivalents158.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.73%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Equity ratio:1.12%
Rating: 2/100
-1%
21%
50%
81%
99%
100%

Roles

Board member
Board member

Companies in the same industry

Build time: 2024-07-12T11:31:01.855Z

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