HØBBET A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HØBBET A/S
HØBBET A/S (CVR number: 34738246) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of -1694.7 kDKK in 2023. The operating profit was -3035 kDKK, while net earnings were -4565 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.6 %, which can be considered poor and Return on Equity (ROE) was -5.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HØBBET A/S's liquidity measured by quick ratio was 1.6 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 | 198.86 | 98.50 | - 583.16 | -1 723.03 | -1 694.69 |
EBIT | -36.93 | - 533.83 | -1 262.24 | -2 890.28 | -3 035.03 |
Net earnings | - 585.28 | -1 284.28 | -1 311.91 | -2 055.15 | -4 565.03 |
Shareholders equity total | 34 438.63 | 33 154.35 | 57 987.44 | 55 932.29 | 124 381.83 |
Balance sheet total (assets) | 62 826.77 | 57 106.58 | 142 389.25 | 161 586.86 | 214 126.24 |
Net debt | 27 484.32 | 20 136.41 | 79 769.57 | 101 645.88 | 74 738.04 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.0 % | -0.9 % | -1.3 % | -0.5 % | -1.6 % |
ROE | -1.8 % | -3.8 % | -2.9 % | -3.6 % | -5.1 % |
ROI | -0.0 % | -0.9 % | -1.3 % | -0.6 % | -1.7 % |
Economic value added (EVA) | -2 318.49 | -2 682.05 | -3 178.19 | -4 694.75 | -4 555.86 |
Solvency | |||||
Equity ratio | 55.1 % | 58.4 % | 40.8 % | 34.6 % | 58.1 % |
Gearing | 80.9 % | 70.2 % | 139.5 % | 185.0 % | 64.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 12.6 | 1.1 | 0.8 | 0.4 | 1.6 |
Current ratio | 9.6 | 1.2 | 0.8 | 0.4 | 1.6 |
Cash and cash equivalents | 365.55 | 3 133.44 | 1 114.72 | 1 809.43 | 5 249.63 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
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