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HØJGLANS AF 1/12-1997 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HØJGLANS AF 1/12-1997 ApS
HØJGLANS AF 1/12-1997 ApS (CVR number: 20227737) is a company from STEVNS. The company reported a net sales of 1.8 mDKK in 2024, demonstrating a decline of -9.1 % compared to the previous year. The operating profit percentage was at 11.3 % (EBIT: 0.2 mDKK), while net earnings were 120.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good but Return on Equity (ROE) was 41.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.3 %, 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. HØJGLANS AF 1/12-1997 ApS's liquidity measured by quick ratio was 1.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 1 566.86 | 1 614.55 | 1 905.95 | 1 998.02 | 1 815.77 |
| Gross profit | 1 070.82 | 948.20 | 1 106.41 | 1 264.36 | 1 111.66 |
| EBIT | 119.22 | 240.77 | 221.27 | 326.93 | 205.61 |
| Net earnings | 77.66 | 164.91 | 153.94 | 198.63 | 120.82 |
| Shareholders equity total | 131.58 | 179.81 | 215.95 | 292.58 | 286.80 |
| Balance sheet total (assets) | 1 741.65 | 1 512.71 | 1 414.76 | 1 673.26 | 1 415.08 |
| Net debt | 539.74 | 328.69 | 308.71 | -13.36 | 181.23 |
| Profitability | |||||
| EBIT-% | 7.6 % | 14.9 % | 11.6 % | 16.4 % | 11.3 % |
| ROA | 7.0 % | 14.8 % | 15.4 % | 21.2 % | 13.3 % |
| ROE | 59.0 % | 105.9 % | 77.8 % | 78.1 % | 41.7 % |
| ROI | 11.7 % | 24.0 % | 23.0 % | 32.6 % | 20.8 % |
| Economic value added (EVA) | 65.30 | 129.08 | 117.94 | 179.33 | 102.16 |
| Solvency | |||||
| Equity ratio | 7.6 % | 11.9 % | 15.3 % | 17.5 % | 20.3 % |
| Gearing | 641.8 % | 400.7 % | 331.7 % | 224.2 % | 216.9 % |
| Relative net indebtedness % | 59.2 % | 52.4 % | 36.6 % | 32.7 % | 34.7 % |
| Liquidity | |||||
| Quick ratio | 1.3 | 1.2 | 1.4 | 1.3 | 1.5 |
| Current ratio | 1.4 | 1.2 | 1.5 | 1.3 | 1.5 |
| Cash and cash equivalents | 304.81 | 391.73 | 407.57 | 669.28 | 440.80 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 46.7 | 47.2 | 29.4 | 26.7 | 30.9 |
| Net working capital % | 8.9 % | 5.9 % | 9.7 % | 11.6 % | 11.8 % |
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BBB | BBB |
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