HIGH HOPES ACCUMULATION ApS — Credit Rating and Financial Key Figures

CVR number: 26170648
Digtervænget 141, 9550 Mariager

Company information

Official name
HIGH HOPES ACCUMULATION ApS
Established
2001
Company form
Private limited company
Industry

About HIGH HOPES ACCUMULATION ApS

HIGH HOPES ACCUMULATION ApS (CVR number: 26170648) is a company from MARIAGERFJORD. The company recorded a gross profit of -31.1 kDKK in 2023. The operating profit was -31.1 kDKK, while net earnings were 299.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent and Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HIGH HOPES ACCUMULATION ApS's liquidity measured by quick ratio was 294.4 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-24.20-28.66-35.30-28.11-31.06
EBIT-24.20-28.66-35.30-28.11-31.06
Net earnings61.83170.101 104.84- 465.90299.55
Shareholders equity total6 515.926 575.437 380.266 799.976 981.72
Balance sheet total (assets)6 563.806 705.347 554.616 810.157 004.45
Net debt-5 239.99-5 080.58-4 719.55-4 073.80-4 347.94
Profitability
EBIT-%
ROA1.6 %4.3 %18.0 %2.4 %6.1 %
ROE0.9 %2.6 %15.8 %-6.6 %4.3 %
ROI1.6 %4.4 %18.4 %2.5 %6.1 %
Economic value added (EVA)-24.55-55.02-88.56- 132.30- 143.72
Solvency
Equity ratio99.3 %98.1 %97.7 %99.9 %99.7 %
Gearing0.4 %
Relative net indebtedness %
Liquidity
Quick ratio120.949.739.9625.7294.4
Current ratio120.949.739.9625.7294.4
Cash and cash equivalents5 239.995 104.424 719.554 073.804 347.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:6.07%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 95/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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