HOY SCANDINAVIAN ApS — Credit Rating and Financial Key Figures

CVR number: 31880882
Jacob Møllersgade 4, 9560 Hadsund

Credit rating

Company information

Official name
HOY SCANDINAVIAN ApS
Personnel
3 persons
Established
2008
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About HOY SCANDINAVIAN ApS

HOY SCANDINAVIAN ApS (CVR number: 31880882) is a company from MARIAGERFJORD. The company recorded a gross profit of 4507.7 kDKK in 2024. The operating profit was 1825.1 kDKK, while net earnings were 1383.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.5 %, which can be considered excellent and Return on Equity (ROE) was 48 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.1 %, 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. HOY SCANDINAVIAN ApS's liquidity measured by quick ratio was 1.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 056.592 977.513 730.154 201.174 507.68
EBIT2 541.151 358.592 053.072 469.521 825.10
Net earnings1 937.121 026.181 553.821 900.941 383.22
Shareholders equity total3 156.772 183.072 736.893 137.822 621.04
Balance sheet total (assets)6 036.794 631.445 368.985 508.816 221.06
Net debt-4 171.79-1 540.04-2 752.56-1 676.64-3 312.32
Profitability
EBIT-%
ROA44.6 %25.6 %41.3 %45.8 %31.5 %
ROE68.9 %38.4 %63.2 %64.7 %48.0 %
ROI85.9 %48.3 %83.6 %84.7 %64.2 %
Economic value added (EVA)1 970.401 124.051 566.051 926.441 347.30
Solvency
Equity ratio57.9 %47.1 %55.2 %61.6 %42.1 %
Gearing10.2 %0.0 %0.5 %0.0 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.41.61.92.21.5
Current ratio2.11.92.02.31.7
Cash and cash equivalents4 492.271 540.122 766.821 677.353 316.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:31.5%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.1%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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