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OLE HØY HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29308926
Navervej 33, 6800 Varde
Free credit report Annual report

Company information

Official name
OLE HØY HOLDING ApS
Established
2006
Company form
Private limited company
Industry

About OLE HØY HOLDING ApS

OLE HØY HOLDING ApS (CVR number: 29308926) is a company from VARDE. The company recorded a gross profit of 265.4 kDKK in 2024. The operating profit was 169.2 kDKK, while net earnings were 2213.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.5 %, which can be considered excellent and Return on Equity (ROE) was 20.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77 %, 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. OLE HØY HOLDING ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-12.83117.78249.30235.15265.39
EBIT-12.8387.78189.30175.15169.17
Net earnings1 220.26947.722 316.571 543.752 213.23
Shareholders equity total6 017.036 614.758 581.329 775.0711 638.30
Balance sheet total (assets)7 482.269 666.9110 321.2211 760.0615 120.17
Net debt-1 941.13252.39382.661 386.902 602.99
Profitability
EBIT-%
ROA19.1 %16.9 %26.3 %14.9 %17.5 %
ROE22.0 %15.0 %30.5 %16.8 %20.7 %
ROI19.9 %17.4 %27.5 %15.6 %18.1 %
Economic value added (EVA)- 317.85- 294.37- 335.76- 368.68- 456.03
Solvency
Equity ratio80.4 %68.4 %83.1 %83.1 %77.0 %
Gearing20.4 %42.4 %12.9 %16.6 %25.4 %
Relative net indebtedness %
Liquidity
Quick ratio3.12.21.30.40.5
Current ratio3.12.21.30.40.5
Cash and cash equivalents3 168.652 551.84728.50236.05355.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:17.5%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.0%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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