HØBBET A/S — Credit Rating and Financial Key Figures

CVR number: 34738246
Odensevej 160, 5600 Faaborg

Credit rating

Company information

Official name
HØBBET A/S
Personnel
3 persons
Established
2012
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit198.8698.50- 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 total34 438.6333 154.3557 987.4455 932.29124 381.83
Balance sheet total (assets)62 826.7757 106.58142 389.25161 586.86214 126.24
Net debt27 484.3220 136.4179 769.57101 645.8874 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 ratio55.1 %58.4 %40.8 %34.6 %58.1 %
Gearing80.9 %70.2 %139.5 %185.0 %64.3 %
Relative net indebtedness %
Liquidity
Quick ratio12.61.10.80.41.6
Current ratio9.61.20.80.41.6
Cash and cash equivalents365.553 133.441 114.721 809.435 249.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:-1.62%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.1%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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