HOUGAARD & KOEFOED A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HOUGAARD & KOEFOED A/S
HOUGAARD & KOEFOED A/S (CVR number: 73192714) is a company from ALBERTSLUND. The company recorded a gross profit of 12.6 mDKK in 2023. The operating profit was -3002 kDKK, while net earnings were -2848 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.6 %, which can be considered poor and Return on Equity (ROE) was -34.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.4 %, 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. HOUGAARD & KOEFOED A/S's liquidity measured by quick ratio was 1.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 13 883.72 | 16 026.75 | 14 252.08 | 10 753.82 | 12 611.31 |
EBIT | -3 401.55 | 704.41 | -2 599.43 | -6 179.28 | -3 001.97 |
Net earnings | -2 679.43 | 505.37 | -2 053.99 | -6 643.51 | -2 848.02 |
Shareholders equity total | 13 610.37 | 14 115.75 | 12 061.76 | 5 418.25 | 11 013.34 |
Balance sheet total (assets) | 24 520.86 | 22 637.35 | 22 502.48 | 20 239.00 | 15 871.75 |
Net debt | 996.46 | 103.98 | 4 306.26 | 6 064.17 | - 804.08 |
Profitability | |||||
EBIT-% | |||||
ROA | -12.9 % | 3.0 % | -11.4 % | -28.9 % | -16.6 % |
ROE | -17.9 % | 3.6 % | -15.7 % | -76.0 % | -34.7 % |
ROI | -16.5 % | 3.9 % | -14.6 % | -37.7 % | -23.0 % |
Economic value added (EVA) | -3 418.55 | -79.82 | -2 675.61 | -7 059.84 | -2 942.23 |
Solvency | |||||
Equity ratio | 55.5 % | 62.4 % | 53.6 % | 26.8 % | 69.4 % |
Gearing | 12.2 % | 8.4 % | 36.4 % | 112.6 % | 0.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.7 | 1.2 | 0.7 | 1.9 |
Current ratio | 2.5 | 3.0 | 2.3 | 1.4 | 3.7 |
Cash and cash equivalents | 668.74 | 1 088.28 | 87.32 | 35.77 | 857.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | A | BBB | BBB |
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