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HØVINGHOF HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35380477
Solvænget 55, 6870 Ølgod
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Credit rating

Company information

Official name
HØVINGHOF HOLDING ApS
Established
2013
Company form
Private limited company
Industry

About HØVINGHOF HOLDING ApS

HØVINGHOF HOLDING ApS (CVR number: 35380477) is a company from VARDE. The company reported a net sales of 0.7 mDKK in 2025, demonstrating a growth of 0.6 % compared to the previous year. The operating profit percentage was at 225.3 % (EBIT: 1.5 mDKK), while net earnings were 1479.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good and Return on Equity (ROE) was 10.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HØVINGHOF HOLDING ApS's liquidity measured by quick ratio was 22 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales2 078.001 018.001 150.00673.00677.21
Gross profit2 606.001 705.001 834.001 579.001 597.30
EBIT2 534.001 633.001 762.001 507.001 525.59
Net earnings2 395.001 454.001 618.001 326.001 479.57
Shareholders equity total9 285.0010 625.0012 125.0013 330.0014 673.75
Balance sheet total (assets)13 301.0014 290.0012 615.0013 861.0015 285.52
Net debt3 302.002 540.00- 577.00-1 419.00-2 381.49
Profitability
EBIT-%121.9 %160.4 %153.2 %223.9 %225.3 %
ROA20.8 %11.8 %13.1 %11.5 %11.7 %
ROE29.4 %14.6 %14.2 %10.4 %10.6 %
ROI21.3 %12.2 %13.4 %11.7 %11.9 %
Economic value added (EVA)1 895.28854.24929.92699.69638.30
Solvency
Equity ratio69.8 %74.4 %96.1 %96.2 %96.0 %
Gearing37.4 %28.8 %
Relative net indebtedness %176.1 %286.4 %-31.0 %-178.2 %-313.4 %
Liquidity
Quick ratio3.925.011.219.222.0
Current ratio3.925.011.219.222.0
Cash and cash equivalents173.00522.00577.001 419.002 381.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %78.0 %398.4 %195.8 %528.5 %613.3 %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:11.7%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:96.0%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
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