THOMAS HØGH HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29309914
Skaadsmosevej 16, Rindum 6950 Ringkøbing

Credit rating

Company information

Official name
THOMAS HØGH HOLDING ApS
Established
2006
Domicile
Rindum
Company form
Private limited company
Industry

About THOMAS HØGH HOLDING ApS

THOMAS HØGH HOLDING ApS (CVR number: 29309914) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 151.5 kDKK in 2024. The operating profit was 151.5 kDKK, while net earnings were 4293.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -81 %, which can be considered poor but Return on Equity (ROE) was 64.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.6 %, 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. THOMAS HØGH HOLDING ApS's liquidity measured by quick ratio was 2.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-59.603.52-15.0029.06151.51
EBIT-59.603.52-15.0029.06151.51
Net earnings- 466.22174.45- 132.43138.704 293.86
Shareholders equity total4 356.914 474.874 342.444 481.148 775.00
Balance sheet total (assets)14 267.5515 859.3715 096.3416 205.1011 025.75
Net debt9 832.9510 844.6610 340.8111 616.00471.91
Profitability
EBIT-%
ROA-0.5 %3.5 %1.7 %3.9 %-81.0 %
ROE-10.1 %4.0 %-3.0 %3.1 %64.8 %
ROI-0.6 %3.5 %1.7 %3.9 %35.2 %
Economic value added (EVA)- 767.03- 710.89- 806.62- 714.28- 658.88
Solvency
Equity ratio30.5 %28.2 %28.8 %27.7 %79.6 %
Gearing225.8 %253.5 %238.4 %259.5 %25.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.10.22.5
Current ratio0.10.20.10.22.5
Cash and cash equivalents6.99497.3413.5414.521 753.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBABBB

Variable visualization

ROA:-81.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.6%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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