HIGHLINE ApS — Credit Rating and Financial Key Figures

CVR number: 34228957
Kronprinsensvej 52, 2000 Frederiksberg

Credit rating

Company information

Official name
HIGHLINE ApS
Established
2012
Company form
Private limited company
Industry

About HIGHLINE ApS

HIGHLINE ApS (CVR number: 34228957) is a company from FREDERIKSBERG. The company recorded a gross profit of -20.8 kDKK in 2023. The operating profit was -20.8 kDKK, while net earnings were 165.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent and Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HIGHLINE ApS's liquidity measured by quick ratio was 42.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-8.73-9.14-9.70-13.18-20.80
EBIT-9.00-9.00-10.00-13.18-20.80
Net earnings49.00177.00-50.00104.10165.67
Shareholders equity total2 725.002 901.002 852.002 955.953 121.62
Balance sheet total (assets)2 768.002 981.002 903.002 988.993 197.32
Net debt-54.07-56.16- 816.10- 879.78-1 065.78
Profitability
EBIT-%
ROA2.9 %7.9 %2.3 %4.1 %6.9 %
ROE1.8 %6.3 %-1.7 %3.6 %5.5 %
ROI3.0 %8.1 %2.3 %4.2 %7.0 %
Economic value added (EVA)- 139.95- 141.21- 153.07- 113.73- 120.55
Solvency
Equity ratio98.4 %97.3 %98.2 %98.9 %97.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio49.253.556.990.542.2
Current ratio49.253.556.990.542.2
Cash and cash equivalents54.0756.16816.10879.781 065.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:6.87%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.6%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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