Høeg + Møller ApS — Credit Rating and Financial Key Figures

CVR number: 38059645
Rentemestervej 43, 2400 København NV
ch@hoegmoller.dk
www.hoegmoller.dk

Credit rating

Company information

Official name
Høeg + Møller ApS
Personnel
2 persons
Established
2016
Company form
Private limited company
Industry

About Høeg + Møller ApS

Høeg + Møller ApS (CVR number: 38059645) is a company from KØBENHAVN. The company recorded a gross profit of 3777.4 kDKK in 2023. The operating profit was 0.9 kDKK, while net earnings were -16.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -2.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.5 %, 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. Høeg + Møller ApS's liquidity measured by quick ratio was 1.9 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 profit1 674.522 581.023 756.454 304.443 777.41
EBIT112.79608.05591.14-24.230.94
Net earnings78.69466.44473.93-49.30-16.14
Shareholders equity total433.39789.83963.77794.47778.32
Balance sheet total (assets)908.792 057.772 402.931 744.951 244.90
Net debt- 327.48-1 478.67-1 105.58- 532.16- 149.34
Profitability
EBIT-%
ROA14.0 %41.0 %28.7 %-1.2 %0.1 %
ROE20.0 %76.3 %54.1 %-5.6 %-2.1 %
ROI26.8 %88.6 %69.3 %-2.7 %0.1 %
Economic value added (EVA)80.51467.54493.71-17.10-12.52
Solvency
Equity ratio47.7 %38.4 %40.1 %45.5 %62.5 %
Gearing12.2 %6.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.61.61.51.9
Current ratio1.71.61.61.51.9
Cash and cash equivalents327.481 575.421 105.58532.16201.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.08%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.5%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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