HIWAY INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 28504772
Bispensgade 29, 9800 Hjørring
uffe@hiwaydata.dk
tel: 98902356
www.hiwaydata.dk

Credit rating

Company information

Official name
HIWAY INVEST ApS
Personnel
2 persons
Established
2005
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About HIWAY INVEST ApS

HIWAY INVEST ApS (CVR number: 28504772) is a company from HJØRRING. The company recorded a gross profit of 333.9 kDKK in 2023. The operating profit was 32.1 kDKK, while net earnings were 23.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -8.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HIWAY INVEST ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit512.25490.80714.91393.08333.86
EBIT239.10117.70411.05-37.0532.12
Net earnings129.4584.39- 364.72- 226.7623.66
Shareholders equity total1 386.811 342.20893.49- 145.58- 121.92
Balance sheet total (assets)6 518.326 563.803 607.751 340.821 347.78
Net debt3 994.113 822.691 840.05825.93925.40
Profitability
EBIT-%
ROA3.7 %1.8 %27.6 %-1.5 %2.7 %
ROE9.2 %6.2 %-32.6 %-20.3 %1.8 %
ROI4.1 %2.0 %-12.6 %-1.6 %3.2 %
Economic value added (EVA)24.23-83.05134.40-74.9347.99
Solvency
Equity ratio21.3 %20.4 %24.8 %-9.8 %-8.3 %
Gearing303.1 %309.8 %279.0 %-822.2 %-1014.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.30.60.40.3
Current ratio0.30.30.70.50.5
Cash and cash equivalents209.37335.86652.72370.94311.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:2.67%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-8.30%
Rating: 0/100
-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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