HØGH NR. 1 HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HØGH NR. 1 HOLDING ApS
HØGH NR. 1 HOLDING ApS (CVR number: 29313334) is a company from FAVRSKOV. The company reported a net sales of -0.3 mDKK in 2023, demonstrating a decline of -102.3 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.4 mDKK), while net earnings were 1904.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent and Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 87.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HØGH NR. 1 HOLDING ApS's liquidity measured by quick ratio was 5.1 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 4 632.61 | - 319.98 | - 535.70 | 13 579.57 | - 315.28 |
Gross profit | 7 699.30 | - 338.12 | - 563.00 | 13 259.95 | - 380.80 |
EBIT | 4 690.63 | - 338.12 | - 563.00 | 13 259.95 | - 380.80 |
Net earnings | 6 401.99 | 1 170.98 | 58.88 | 7 032.14 | 1 904.84 |
Shareholders equity total | 43 951.65 | 45 122.63 | 45 119.01 | 29 151.16 | 31 056.00 |
Balance sheet total (assets) | 46 730.99 | 50 190.15 | 67 812.43 | 47 410.89 | 35 448.11 |
Net debt | -7 419.64 | -10 007.16 | -1 757.88 | - 737.53 | -17 120.66 |
Profitability | |||||
EBIT-% | 101.3 % | 97.6 % | |||
ROA | 14.5 % | 3.5 % | 3.9 % | 23.1 % | 6.0 % |
ROE | 15.1 % | 2.6 % | 0.1 % | 18.9 % | 6.3 % |
ROI | 15.0 % | 3.6 % | 3.9 % | 23.4 % | 6.1 % |
Economic value added (EVA) | 5 735.74 | 1 431.98 | 1 580.94 | 14 286.17 | 467.00 |
Solvency | |||||
Equity ratio | 94.1 % | 89.9 % | 66.5 % | 61.5 % | 87.6 % |
Gearing | 0.5 % | 10.6 % | 49.0 % | 60.8 % | 14.1 % |
Relative net indebtedness % | -105.1 % | 3039.7 % | 215.6 % | -1.5 % | 5423.4 % |
Liquidity | |||||
Quick ratio | 4.1 | 3.0 | 1.4 | 1.1 | 5.1 |
Current ratio | 4.1 | 3.0 | 1.4 | 1.1 | 5.1 |
Cash and cash equivalents | 7 647.79 | 14 793.90 | 23 848.23 | 18 467.41 | 21 491.18 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 21.8 % | 1456.9 % | 2826.1 % | -124.0 % | -2936.9 % |
Credit risk | |||||
Credit rating | AAA | A | BBB | A | A |
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