HOFFEtv IVS — Credit Rating and Financial Key Figures

CVR number: 38697137
Dalgasgade 29 A, 7400 Herning

Credit rating

Company information

Official name
HOFFEtv IVS
Established
2017
Company form
Entrepreneurial limited company
Industry

About HOFFEtv IVS

HOFFEtv IVS (CVR number: 38697137) is a company from HERNING. The company recorded a gross profit of 482.7 kDKK in 2018. The operating profit was 276.5 kDKK, while net earnings were 228.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 59.1 %, which can be considered excellent and Return on Equity (ROE) was 97.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.1 %, 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. HOFFEtv IVS'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
Volume
Net sales
Gross profit262.72482.69
EBIT188.61276.49
Net earnings147.17228.22
Shareholders equity total147.27322.59
Balance sheet total (assets)278.05715.76
Net debt- 123.06- 229.18
Profitability
EBIT-%
ROA68.2 %59.1 %
ROE99.9 %97.1 %
ROI113.9 %107.2 %
Economic value added (EVA)146.98216.80
Solvency
Equity ratio53.0 %45.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.52.1
Current ratio2.52.1
Cash and cash equivalents123.06229.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:59.1%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.1%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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