HØGILDGAARD PLANTAGE A/S

CVR number: 35413413
Enghavevej 17, 6950 Ringkøbing

Credit rating

Company information

Official name
HØGILDGAARD PLANTAGE A/S
Established
2013
Company form
Limited company
Industry
  • Expand more icon02Forestry and logging

About the company

HØGILDGAARD PLANTAGE A/S (CVR number: 35413413) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 298.9 kDKK in 2023. The operating profit was -63.8 kDKK, while net earnings were 1091.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 54 %, 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. HØGILDGAARD PLANTAGE A/S's liquidity measured by quick ratio was 50.5 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
20192020202120222023
Volume
Net sales
Gross profit- 203.40280.88- 426.32362.55298.89
EBIT- 736.144.16- 624.04184.83-63.83
Net earnings- 574.95-19.58- 307.29690.691 091.63
Shareholders equity total54 762.9154 743.3354 436.0455 126.7456 218.37
Balance sheet total (assets)60 389.7760 452.53102 736.60103 029.94104 091.99
Net debt827.10469.7443 592.1142 787.4442 026.17
Profitability
EBIT-%
ROA-1.2 %0.0 %0.4 %1.6 %2.1 %
ROE-1.0 %-0.0 %-0.6 %1.3 %2.0 %
ROI-1.2 %0.0 %0.4 %1.6 %2.1 %
Economic value added (EVA)-3 351.28-2 747.19-3 208.84-4 759.79-4 960.07
Solvency
Equity ratio90.7 %90.6 %53.0 %53.5 %54.0 %
Gearing1.6 %1.9 %80.1 %78.3 %76.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.049.863.250.5
Current ratio0.71.049.863.250.5
Cash and cash equivalents26.79572.45367.73931.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:2.09%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.0%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board

Companies in the same industry

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