Højgaarden Islandsheste ApS — Credit Rating and Financial Key Figures

CVR number: 31169402
Sepstrupvej 19, Hjortsballe 8653 Them
lars@hojgaarden-islandsheste.dk
tel: 21491079

Company information

Official name
Højgaarden Islandsheste ApS
Established
2008
Domicile
Hjortsballe
Company form
Private limited company
Industry

About Højgaarden Islandsheste ApS

Højgaarden Islandsheste ApS (CVR number: 31169402) is a company from SILKEBORG. The company recorded a gross profit of -235.9 kDKK in 2024. The operating profit was -235.9 kDKK, while net earnings were -251.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.1 %, which can be considered poor and Return on Equity (ROE) was -36.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -9.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Højgaarden Islandsheste ApS's liquidity measured by quick ratio was 0 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit227.26- 204.25- 280.81- 436.17- 235.90
EBIT179.15- 259.72- 280.81- 436.17- 235.90
Net earnings136.17- 202.65- 642.06- 437.34- 251.19
Shareholders equity total-2 203.17-2 405.82-3 047.88125.00- 126.19
Balance sheet total (assets)2 406.122 558.831 624.331 397.891 238.41
Net debt4 581.414 852.554 488.841 110.481 182.54
Profitability
EBIT-%
ROA3.6 %-5.4 %-5.8 %-14.4 %-17.1 %
ROE5.0 %-8.2 %-30.7 %-50.0 %-36.8 %
ROI3.7 %-5.5 %-5.9 %-15.0 %-19.3 %
Economic value added (EVA)252.33-91.47-76.67- 279.26- 241.28
Solvency
Equity ratio-47.8 %-48.6 %-65.4 %8.9 %-9.2 %
Gearing-208.3 %-203.2 %-149.7 %902.7 %-943.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.12.00.10.0
Current ratio0.50.515.09.77.1
Cash and cash equivalents7.8836.0574.7517.898.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-17.1%
Rating: 3/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-9.25%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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