HØYE HOLDING APS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HØYE HOLDING APS
HØYE HOLDING APS (CVR number: 41367350) is a company from KØBENHAVN. The company recorded a gross profit of 2277.1 kDKK in 2024. The operating profit was -72.9 kDKK, while net earnings were 171.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good and Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 66.8 %, 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. HØYE HOLDING APS's liquidity measured by quick ratio was 2.1 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -9.17 | -19.71 | 1 324.00 | 1 763.53 | 2 277.08 |
EBIT | - 274.36 | - 870.58 | 305.00 | 746.06 | -72.88 |
Net earnings | 458.67 | 613.34 | 236.79 | 855.08 | 171.69 |
Shareholders equity total | 518.67 | 1 075.51 | 1 255.10 | 2 051.28 | 2 161.97 |
Balance sheet total (assets) | 847.20 | 1 292.86 | 1 474.17 | 2 941.69 | 3 235.37 |
Net debt | - 329.20 | - 620.44 | - 774.43 | -1 850.42 | -2 202.92 |
Profitability | |||||
EBIT-% | |||||
ROA | 69.5 % | 75.0 % | 22.0 % | 50.2 % | 8.6 % |
ROE | 88.4 % | 76.9 % | 20.3 % | 51.7 % | 8.2 % |
ROI | 97.1 % | 90.7 % | 24.3 % | 65.3 % | 12.6 % |
Economic value added (EVA) | - 194.80 | -1 072.31 | 182.33 | 440.06 | - 154.86 |
Solvency | |||||
Equity ratio | 61.2 % | 83.2 % | 85.1 % | 69.7 % | 66.8 % |
Gearing | 17.0 % | 8.2 % | 7.0 % | 0.0 % | 0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 4.4 | 4.2 | 2.5 | 2.1 |
Current ratio | 2.0 | 4.4 | 4.2 | 2.5 | 2.1 |
Cash and cash equivalents | 417.12 | 708.14 | 862.13 | 1 851.12 | 2 203.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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