HØGH ENTREPRISE A/S — Credit Rating and Financial Key Figures

CVR number: 39182130
Grønnegade 77 B, 8000 Aarhus C
mads@h-invest.dk

Credit rating

Company information

Official name
HØGH ENTREPRISE A/S
Personnel
4 persons
Established
2017
Company form
Limited company
Industry
  • Expand more icon681200

About HØGH ENTREPRISE A/S

HØGH ENTREPRISE A/S (CVR number: 39182130) is a company from AARHUS. The company recorded a gross profit of 4141.1 kDKK in 2023. The operating profit was 1143.4 kDKK, while net earnings were 877.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.8 %, which can be considered excellent and Return on Equity (ROE) was 35 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.2 %, 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. HØGH ENTREPRISE A/S'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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 880.32891.791 829.692 587.554 141.12
EBIT1 054.12- 266.27683.47906.421 143.39
Net earnings771.82- 221.62527.46707.47877.94
Shareholders equity total1 657.73836.101 363.572 071.042 948.98
Balance sheet total (assets)3 715.392 489.182 481.586 260.684 817.31
Net debt-1 807.44- 341.39- 965.97-1 418.87-2 482.72
Profitability
EBIT-%
ROA27.3 %-8.5 %27.6 %21.0 %20.8 %
ROE60.7 %-17.8 %48.0 %41.2 %35.0 %
ROI79.6 %-21.1 %62.0 %53.1 %45.7 %
Economic value added (EVA)847.33- 203.53506.85685.53858.93
Solvency
Equity ratio44.6 %33.6 %54.9 %33.1 %61.2 %
Gearing0.2 %0.2 %0.3 %0.8 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.32.11.52.5
Current ratio1.61.32.11.52.5
Cash and cash equivalents1 810.70343.25969.971 434.982 492.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:20.8%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.2%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

Companies in the same industry

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