Høgh Erhverv ApS — Credit Rating and Financial Key Figures

CVR number: 39847167
Grønnegade 77 B, 8000 Aarhus C

Company information

Official name
Høgh Erhverv ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About Høgh Erhverv ApS

Høgh Erhverv ApS (CVR number: 39847167) is a company from AARHUS. The company recorded a gross profit of 4801.3 kDKK in 2024. The operating profit was 4665.2 kDKK, while net earnings were 3324.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.3 %, which can be considered excellent and Return on Equity (ROE) was 56.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Høgh Erhverv ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit1 576.311 942.241 289.001 500.924 801.32
EBIT1 345.021 670.991 028.222 863.954 665.15
Net earnings845.65935.71486.901 237.883 324.52
Shareholders equity total1 518.122 453.832 940.724 178.607 503.12
Balance sheet total (assets)36 703.9832 799.7029 792.3931 449.4726 518.37
Net debt29 299.6023 807.5325 841.9626 107.7817 329.76
Profitability
EBIT-%
ROA3.8 %4.9 %3.3 %9.4 %16.3 %
ROE77.2 %47.1 %18.1 %34.8 %56.9 %
ROI4.3 %5.6 %3.6 %9.5 %16.7 %
Economic value added (EVA)- 513.32- 302.74- 652.45729.702 068.99
Solvency
Equity ratio4.1 %7.5 %9.9 %13.3 %28.3 %
Gearing1953.3 %1068.4 %888.6 %633.2 %233.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.70.20.91.2
Current ratio0.10.70.20.91.2
Cash and cash equivalents353.552 410.39290.27353.22176.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:16.3%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.3%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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