HØJEN BRUGSFORENING — Credit Rating and Financial Key Figures

CVR number: 45617319
Højen Kirkevej 1, 7100 Vejle
tel: 75863303

Credit rating

Company information

Official name
HØJEN BRUGSFORENING
Personnel
16 persons
Established
1999
Industry

About HØJEN BRUGSFORENING

HØJEN BRUGSFORENING (CVR number: 45617319) is a company from VEJLE. The company reported a net sales of 23.3 mDKK in 2024, demonstrating a decline of -0.3 % compared to the previous year. The operating profit percentage was poor at -3.5 % (EBIT: -0.8 mDKK), while net earnings were -542.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.1 %, which can be considered poor and Return on Equity (ROE) was -11.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HØJEN BRUGSFORENING's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales18 553.0020 567.0024 330.0023 359.5323 298.73
Gross profit2 157.001 940.001 021.002 060.331 686.47
EBIT2 157.001 940.001 021.00- 195.33- 813.59
Net earnings55.00- 264.00- 854.0040.89- 542.31
Shareholders equity total5 998.005 733.004 879.004 946.754 404.25
Balance sheet total (assets)6 845.006 714.006 486.006 759.636 442.71
Net debt- 290.44- 444.97
Profitability
EBIT-%11.6 %9.4 %4.2 %-0.8 %-3.5 %
ROA32.2 %28.6 %15.5 %1.0 %-8.1 %
ROE0.9 %-4.5 %-16.1 %0.8 %-11.6 %
ROI32.2 %28.6 %15.5 %1.1 %-11.5 %
Economic value added (EVA)1 858.311 638.60732.92- 440.50-1 062.16
Solvency
Equity ratio100.0 %100.0 %100.0 %73.2 %68.4 %
Gearing
Relative net indebtedness %6.5 %6.8 %
Liquidity
Quick ratio0.40.4
Current ratio1.31.1
Cash and cash equivalents290.44444.97
Capital use efficiency
Trade debtors turnover (days)0.40.7
Net working capital %1.7 %0.9 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-8.12%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.4%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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