HIGH FARM & CO. ApS — Credit Rating and Financial Key Figures

CVR number: 32882404
Ejstrup Bro 9, 8832 Skals

Credit rating

Company information

Official name
HIGH FARM & CO. ApS
Established
2010
Company form
Private limited company
Industry

About HIGH FARM & CO. ApS

HIGH FARM & CO. ApS (CVR number: 32882404) is a company from VIBORG. The company recorded a gross profit of 114.3 kDKK in 2023. The operating profit was 114.3 kDKK, while net earnings were 216.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.3 %, which can be considered excellent and Return on Equity (ROE) was 19.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HIGH FARM & CO. ApS's liquidity measured by quick ratio was 3.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit148.85160.93193.14177.83114.29
EBIT148.85160.93193.14177.83114.29
Net earnings250.6423.43223.16-37.66216.62
Shareholders equity total1 301.351 104.121 187.281 009.621 226.24
Balance sheet total (assets)1 371.181 164.661 358.221 218.401 464.16
Net debt- 524.85- 425.12- 604.57- 525.69- 754.41
Profitability
EBIT-%
ROA21.7 %4.9 %22.5 %8.4 %20.3 %
ROE19.5 %1.9 %19.5 %-3.4 %19.4 %
ROI23.5 %5.2 %24.7 %9.9 %24.3 %
Economic value added (EVA)156.23165.51185.18178.11127.28
Solvency
Equity ratio94.9 %94.8 %87.4 %82.9 %83.8 %
Gearing0.7 %0.2 %0.4 %0.3 %0.6 %
Relative net indebtedness %
Liquidity
Quick ratio7.67.13.62.63.2
Current ratio7.67.13.62.63.2
Cash and cash equivalents533.48427.26609.52528.47762.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:20.3%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.8%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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