Høgsbro-Rode Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Høgsbro-Rode Holding ApS
Høgsbro-Rode Holding ApS (CVR number: 35647147) is a company from Brønderslev. The company recorded a gross profit of -1.2 kDKK in 2024. The operating profit was -1.2 kDKK, while net earnings were 80.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good but Return on Equity (ROE) was 20 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Høgsbro-Rode Holding 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -0.15 | -5.00 | -5.00 | -1.37 | -1.23 |
| EBIT | -0.15 | -5.00 | -5.00 | -1.37 | -1.23 |
| Net earnings | -4.74 | -8.96 | -8.96 | -12.27 | 80.08 |
| Shareholders equity total | 234.98 | 226.03 | 372.75 | 360.48 | 440.55 |
| Balance sheet total (assets) | 845.89 | 816.75 | 978.23 | 952.76 | 1 017.25 |
| Net debt | - 105.00 | -70.44 | 302.92 | 309.78 | 250.59 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -0.0 % | -0.6 % | -0.6 % | -0.1 % | 11.0 % |
| ROE | -2.3 % | -3.9 % | -3.0 % | -3.3 % | 20.0 % |
| ROI | -0.1 % | -2.0 % | -0.6 % | -0.1 % | 11.3 % |
| Economic value added (EVA) | -8.61 | -17.06 | -16.48 | -75.99 | -46.89 |
| Solvency | |||||
| Equity ratio | 27.8 % | 27.7 % | 38.1 % | 37.8 % | 43.3 % |
| Gearing | 11.4 % | 10.7 % | 153.5 % | 153.6 % | 126.8 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.2 | 0.2 | 11.2 | 0.4 | 0.6 |
| Current ratio | 0.2 | 0.2 | 11.2 | 0.4 | 0.6 |
| Cash and cash equivalents | 131.89 | 94.70 | 269.23 | 243.76 | 308.25 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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