HOVE BILER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 573.94 | 293.90 | 171.46 | 44.95 | -27.54 |
EBIT | 350.30 | 142.96 | 32.00 | -22.62 | -89.38 |
Net earnings | 331.16 | 116.55 | -3.75 | -18.62 | -79.20 |
Shareholders equity total | 4 030.10 | 4 033.65 | 3 915.50 | 3 779.08 | 3 577.88 |
Balance sheet total (assets) | 4 315.00 | 4 100.15 | 3 958.74 | 3 828.62 | 3 610.77 |
Net debt | -2 528.87 | -2 527.36 | -3 408.00 | -3 239.63 | -3 077.40 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.4 % | 3.4 % | 0.8 % | -0.5 % | -2.1 % |
ROE | 8.4 % | 2.9 % | -0.1 % | -0.5 % | -2.2 % |
ROI | 8.9 % | 3.5 % | 0.8 % | -0.5 % | -2.2 % |
Economic value added (EVA) | 158.91 | -59.55 | - 170.70 | - 219.37 | - 279.27 |
Solvency | |||||
Equity ratio | 93.4 % | 98.4 % | 98.9 % | 98.7 % | 99.1 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.1 | 38.6 | 80.1 | 65.7 | 95.2 |
Current ratio | 15.0 | 61.1 | 91.6 | 77.3 | 109.8 |
Cash and cash equivalents | 2 528.87 | 2 527.36 | 3 408.00 | 3 239.63 | 3 077.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
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