HØGH & ROUSING ERHVERVSEJENDOMME A/S — Credit Rating and Financial Key Figures

CVR number: 30529677
Grønnegade 77 B, 8000 Aarhus C
brian@hogr.dk

Company information

Official name
HØGH & ROUSING ERHVERVSEJENDOMME A/S
Established
2007
Company form
Limited company
Industry

About HØGH & ROUSING ERHVERVSEJENDOMME A/S

HØGH & ROUSING ERHVERVSEJENDOMME A/S (CVR number: 30529677) is a company from AARHUS. The company recorded a gross profit of -17.2 kDKK in 2023. The operating profit was -17.2 kDKK, while net earnings were 1237.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered weak and Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 77.3 %, 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. HØGH & ROUSING ERHVERVSEJENDOMME A/S's liquidity measured by quick ratio was 0.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-12.50-15.00-17.00-19.88-17.25
EBIT-12.50-15.00-17.00-19.88-17.25
Net earnings2 231.052 795.839 563.064 859.771 237.70
Shareholders equity total14 616.6217 412.4526 975.5231 835.2833 072.98
Balance sheet total (assets)24 007.5426 366.9237 057.8741 411.4542 807.89
Net debt7 004.815 793.854 358.823 620.494 021.33
Profitability
EBIT-%
ROA12.0 %13.3 %38.1 %13.0 %4.0 %
ROE16.4 %17.5 %43.1 %16.5 %3.8 %
ROI12.0 %13.3 %38.1 %13.1 %4.0 %
Economic value added (EVA)-1 014.84-1 216.53-1 336.51-1 875.67-2 078.82
Solvency
Equity ratio60.9 %66.0 %72.8 %76.9 %77.3 %
Gearing48.0 %34.7 %17.3 %12.4 %12.3 %
Relative net indebtedness %
Liquidity
Quick ratio10.71 073.312.41.20.2
Current ratio10.71 073.312.41.20.2
Cash and cash equivalents4.17245.18306.90334.5549.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.95%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.3%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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