HØFFER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HØFFER A/S
HØFFER A/S (CVR number: 37280917) is a company from ODENSE. The company recorded a gross profit of -58.3 kDKK in 2023. The operating profit was -169.4 kDKK, while net earnings were 100.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent and Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HØFFER A/S's liquidity measured by quick ratio was 46.4 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 | -51.04 | -72.50 | -65.10 | -60.07 | -58.29 |
EBIT | - 123.69 | - 115.23 | -89.45 | - 109.77 | - 169.36 |
Net earnings | - 193.75 | 376.06 | -22.67 | - 197.23 | 100.78 |
Shareholders equity total | 2 117.40 | 2 415.26 | 2 311.89 | 2 032.95 | 2 048.45 |
Balance sheet total (assets) | 2 138.50 | 2 439.68 | 2 335.55 | 2 059.68 | 2 093.58 |
Net debt | -2 127.65 | -2 433.55 | -2 327.91 | -2 055.51 | -2 092.29 |
Profitability | |||||
EBIT-% | |||||
ROA | -4.8 % | 16.7 % | -0.8 % | -5.0 % | 4.9 % |
ROE | -8.6 % | 16.6 % | -1.0 % | -9.1 % | 4.9 % |
ROI | -4.9 % | 16.8 % | -0.8 % | -5.1 % | 4.9 % |
Economic value added (EVA) | - 125.35 | - 114.71 | -88.53 | - 108.96 | - 168.23 |
Solvency | |||||
Equity ratio | 99.0 % | 99.0 % | 99.0 % | 98.7 % | 97.8 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 101.4 | 99.9 | 98.7 | 77.1 | 46.4 |
Current ratio | 101.4 | 99.9 | 98.7 | 77.1 | 46.4 |
Cash and cash equivalents | 2 127.65 | 2 433.55 | 2 327.91 | 2 055.51 | 2 092.29 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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