HØYER & SCHMIDT FINANS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HØYER & SCHMIDT FINANS ApS
HØYER & SCHMIDT FINANS ApS (CVR number: 29193312) is a company from ODENSE. The company recorded a gross profit of 536.7 kDKK in 2023. The operating profit was 820.2 kDKK, while net earnings were -23.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.4 %, 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. HØYER & SCHMIDT FINANS ApS's liquidity measured by quick ratio was 6.1 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 | 1 123.00 | 1 045.00 | 1 102.00 | 763.00 | 536.65 |
EBIT | 1 089.00 | 2 630.00 | 1 568.00 | 1 047.00 | 820.15 |
Net earnings | 1 213.00 | 2 874.00 | 2 305.00 | - 676.00 | -23.51 |
Shareholders equity total | 25 874.00 | 27 248.00 | 29 553.00 | 28 877.00 | 28 853.80 |
Balance sheet total (assets) | 45 477.00 | 47 438.00 | 50 821.00 | 42 418.00 | 42 163.96 |
Net debt | 4 133.00 | 12 100.00 | 9 010.00 | 3 471.00 | 5 171.94 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.9 % | 7.3 % | 6.2 % | 2.8 % | 4.0 % |
ROE | 4.7 % | 10.8 % | 8.1 % | -2.3 % | -0.1 % |
ROI | 3.9 % | 7.4 % | 6.4 % | 2.9 % | 4.1 % |
Economic value added (EVA) | - 598.26 | 861.12 | - 661.05 | - 754.71 | - 891.68 |
Solvency | |||||
Equity ratio | 56.9 % | 57.4 % | 58.2 % | 68.1 % | 68.4 % |
Gearing | 73.8 % | 71.9 % | 65.0 % | 45.7 % | 44.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 14.1 | 5.1 | 1.6 | 7.7 | 6.1 |
Current ratio | 14.1 | 5.1 | 1.6 | 7.7 | 6.1 |
Cash and cash equivalents | 14 971.00 | 7 489.00 | 10 205.00 | 9 737.00 | 7 796.14 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | A | A | A |
Variable visualization
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