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HOVE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HOVE A/S
HOVE A/S (CVR number: 25804821) is a company from GLOSTRUP. The company reported a net sales of 147.3 mDKK in 2025, demonstrating a growth of 17 % compared to the previous year. The operating profit percentage was at 10.2 % (EBIT: 15 mDKK), while net earnings were 13.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.1 %, which can be considered excellent and Return on Equity (ROE) was 16.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.6 %, 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. HOVE A/S'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 financials2024 | 2025 | |
|---|---|---|
| Volume | ||
| Net sales | 125 830.00 | 147 257.00 |
| Gross profit | 47 660.00 | 56 475.00 |
| EBIT | 9 323.00 | 14 983.00 |
| Net earnings | 5 662.00 | 13 643.00 |
| Shareholders equity total | 79 324.00 | 87 164.00 |
| Balance sheet total (assets) | 102 084.00 | 110 948.00 |
| Net debt | 5 054.00 | 5 714.00 |
| Profitability | ||
| EBIT-% | 7.4 % | 10.2 % |
| ROA | 8.4 % | 17.1 % |
| ROE | 7.1 % | 16.4 % |
| ROI | 9.7 % | 19.6 % |
| Economic value added (EVA) | 7 121.82 | 7 170.32 |
| Solvency | ||
| Equity ratio | 77.7 % | 78.6 % |
| Gearing | 8.0 % | 7.2 % |
| Relative net indebtedness % | 14.5 % | 13.4 % |
| Liquidity | ||
| Quick ratio | 2.7 | 2.1 |
| Current ratio | 4.3 | 4.0 |
| Cash and cash equivalents | 1 263.00 | 526.00 |
| Capital use efficiency | ||
| Trade debtors turnover (days) | 51.1 | 30.1 |
| Net working capital % | 37.6 % | 32.2 % |
| Credit risk | ||
| Credit rating | BBB | A |
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