HOVE BILER A/S — Credit Rating and Financial Key Figures

CVR number: 15272333
Spurvevej 8-10, Hørmested 9870 Sindal
tel: 98934466

Company information

Official name
HOVE BILER A/S
Personnel
2 persons
Established
1991
Domicile
Hørmested
Company form
Limited company
Industry

About HOVE BILER A/S

HOVE BILER A/S (CVR number: 15272333) is a company from HJØRRING. The company recorded a gross profit of -27.5 kDKK in 2024. The operating profit was -89.4 kDKK, while net earnings were -79.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.1 %, which can be considered poor and Return on Equity (ROE) was -2.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HOVE BILER A/S's liquidity measured by quick ratio was 95.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit573.94293.90171.4644.95-27.54
EBIT350.30142.9632.00-22.62-89.38
Net earnings331.16116.55-3.75-18.62-79.20
Shareholders equity total4 030.104 033.653 915.503 779.083 577.88
Balance sheet total (assets)4 315.004 100.153 958.743 828.623 610.77
Net debt-2 528.87-2 527.36-3 408.00-3 239.63-3 077.40
Profitability
EBIT-%
ROA8.4 %3.4 %0.8 %-0.5 %-2.1 %
ROE8.4 %2.9 %-0.1 %-0.5 %-2.2 %
ROI8.9 %3.5 %0.8 %-0.5 %-2.2 %
Economic value added (EVA)158.91-59.55- 170.70- 219.37- 279.27
Solvency
Equity ratio93.4 %98.4 %98.9 %98.7 %99.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio9.138.680.165.795.2
Current ratio15.061.191.677.3109.8
Cash and cash equivalents2 528.872 527.363 408.003 239.633 077.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-2.13%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 86/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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