HØGH INVEST 2005 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HØGH INVEST 2005 A/S
HØGH INVEST 2005 A/S (CVR number: 28860927) is a company from AARHUS. The company recorded a gross profit of -228.5 kDKK in 2023. The operating profit was -244.1 kDKK, while net earnings were 3635.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 58.8 %, 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. HØGH INVEST 2005 A/S's liquidity measured by quick ratio was 68.2 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 | - 791.25 | - 563.87 | - 165.98 | - 198.17 | - 228.46 |
EBIT | - 791.25 | - 576.87 | - 181.57 | - 213.77 | - 244.06 |
Net earnings | 6 528.37 | 29 722.92 | 40 298.86 | 25 220.79 | 3 635.78 |
Shareholders equity total | 75 285.03 | 104 692.85 | 144 633.29 | 176 766.65 | 178 159.92 |
Balance sheet total (assets) | 177 351.60 | 200 761.81 | 286 552.33 | 311 228.35 | 302 823.89 |
Net debt | -15 382.25 | -10 304.84 | 5 160.66 | 21 019.51 | 3 618.78 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.0 % | 16.2 % | 17.2 % | 9.7 % | 3.8 % |
ROE | 9.0 % | 33.0 % | 32.3 % | 15.7 % | 2.0 % |
ROI | 5.0 % | 16.2 % | 17.3 % | 11.9 % | 6.0 % |
Economic value added (EVA) | 136.46 | 983.55 | 2 578.61 | 3 987.40 | 2 979.78 |
Solvency | |||||
Equity ratio | 42.4 % | 52.1 % | 50.5 % | 56.8 % | 58.8 % |
Gearing | 0.1 % | 0.2 % | 8.9 % | 15.8 % | 3.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1 334.2 | 154.2 | 17.0 | 5.3 | 68.2 |
Current ratio | 1 334.2 | 154.2 | 17.0 | 5.3 | 68.2 |
Cash and cash equivalents | 15 430.83 | 10 505.29 | 7 676.89 | 6 939.33 | 2 917.52 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AA | AA | AA |
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