Højby Autoværksted ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Højby Autoværksted ApS
Højby Autoværksted ApS (CVR number: 40605347) is a company from ODENSE. The company recorded a gross profit of 2196.3 kDKK in 2023. The operating profit was -84.7 kDKK, while net earnings were -64.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.7 %, which can be considered poor and Return on Equity (ROE) was -4.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Højby Autoværksted ApS's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 963.54 | 1 998.03 | 1 889.08 | 2 000.34 | 2 196.29 |
EBIT | 226.30 | 234.59 | 363.67 | 362.95 | -84.72 |
Net earnings | 153.51 | 168.75 | 250.04 | 275.06 | -64.51 |
Shareholders equity total | 872.88 | 1 041.62 | 1 241.67 | 1 436.73 | 1 292.22 |
Balance sheet total (assets) | 1 839.94 | 2 108.53 | 2 046.49 | 2 270.18 | 2 179.69 |
Net debt | -81.97 | - 747.07 | - 393.98 | - 744.58 | - 915.40 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.4 % | 11.9 % | 17.5 % | 16.8 % | -3.7 % |
ROE | 17.6 % | 17.6 % | 21.9 % | 20.5 % | -4.7 % |
ROI | 16.2 % | 16.2 % | 24.0 % | 22.6 % | -5.1 % |
Economic value added (EVA) | 175.33 | 157.38 | 256.56 | 247.07 | -97.20 |
Solvency | |||||
Equity ratio | 47.4 % | 49.4 % | 60.7 % | 63.3 % | 59.3 % |
Gearing | 32.2 % | 19.7 % | 10.5 % | 5.0 % | 9.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.3 | 1.0 | 1.6 | 1.6 |
Current ratio | 1.0 | 1.3 | 1.1 | 1.6 | 1.6 |
Cash and cash equivalents | 362.98 | 952.50 | 524.55 | 817.06 | 1 034.78 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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