HighWater Invest ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HighWater Invest ApS
HighWater Invest ApS (CVR number: 39200996) is a company from GRIBSKOV. The company recorded a gross profit of -0.1 kDKK in 2024. The operating profit was -0.1 kDKK, while net earnings were 23.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent and Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 76.8 %, 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. HighWater Invest ApS's liquidity measured by quick ratio was 2.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -13.16 | -5.15 | -7.80 | -0.12 | |
| EBIT | -13.16 | -5.15 | -7.80 | -0.12 | |
| Net earnings | 325.56 | 46.73 | 23.54 | 17.73 | 23.57 |
| Shareholders equity total | 335.18 | 381.91 | 405.44 | 423.17 | 446.74 |
| Balance sheet total (assets) | 335.18 | 393.61 | 433.50 | 460.23 | 582.04 |
| Net debt | -1.74 | 0.69 | 19.59 | 23.94 | 120.91 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 105.9 % | 16.4 % | 8.6 % | 6.1 % | 6.6 % |
| ROE | 182.7 % | 13.0 % | 6.0 % | 4.3 % | 5.4 % |
| ROI | 105.9 % | 16.5 % | 8.8 % | 6.2 % | 6.7 % |
| Economic value added (EVA) | -28.20 | -21.28 | -25.30 | -21.40 | -22.59 |
| Solvency | |||||
| Equity ratio | 100.0 % | 97.0 % | 93.5 % | 91.9 % | 76.8 % |
| Gearing | 1.0 % | 5.1 % | 5.8 % | 27.3 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 19.7 | 9.6 | 8.0 | 2.5 | |
| Current ratio | 19.7 | 9.6 | 8.0 | 2.5 | |
| Cash and cash equivalents | 1.74 | 3.31 | 0.92 | 0.57 | 0.99 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BBB |
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