HØV29 ApS — Credit Rating and Financial Key Figures

CVR number: 42545597
Havnegade 2 A, 8000 Aarhus C

Company information

Official name
HØV29 ApS
Established
2021
Company form
Private limited company
Industry

About HØV29 ApS

HØV29 ApS (CVR number: 42545597) is a company from AARHUS. The company recorded a gross profit of 384.7 kDKK in 2023. The operating profit was 384.7 kDKK, while net earnings were -512.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was -2.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -3.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HØV29 ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
Volume
Net sales
Gross profit- 332.33384.68
EBIT- 332.33384.68
Net earnings- 262.12- 512.12
Shareholders equity total- 222.12- 734.24
Balance sheet total (assets)21 288.2821 367.45
Net debt21 348.8421 889.19
Profitability
EBIT-%
ROA-1.5 %1.8 %
ROE-1.2 %-2.4 %
ROI-1.5 %1.8 %
Economic value added (EVA)- 262.12- 326.16
Solvency
Equity ratio-1.0 %-3.3 %
Gearing-9611.5 %-2981.2 %
Relative net indebtedness %
Liquidity
Quick ratio4.70.6
Current ratio4.70.6
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBA

Variable visualization

ROA:1.76%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-3.32%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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