Høgstedgaard Holding ApS — Credit Rating and Financial Key Figures

CVR number: 41961708
Bøgelundsvej 68, 8940 Randers SV

Company information

Official name
Høgstedgaard Holding ApS
Established
2020
Company form
Private limited company
Industry

About Høgstedgaard Holding ApS

Høgstedgaard Holding ApS (CVR number: 41961708) is a company from RANDERS. The company reported a net sales of 3.5 mDKK in 2023, demonstrating a decline of -68.7 % compared to the previous year. The operating profit percentage was at 99.8 % (EBIT: 3.5 mDKK), while net earnings were 3435.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent and Return on Equity (ROE) was 6.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Høgstedgaard Holding ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales11 144.383 483.17
Gross profit-6.25-6.2511 137.513 475.92
EBIT-6.25-6.2511 137.513 475.92
Net earnings- 571.713 665.7811 139.103 435.21
Shareholders equity total40 434.3243 980.9355 005.6355 448.46
Balance sheet total (assets)40 440.5743 993.8055 661.8056 793.04
Net debt6.2583.51103.05
Profitability
EBIT-%99.9 %99.8 %
ROA-1.4 %8.7 %22.4 %6.2 %
ROE-1.4 %8.7 %22.5 %6.2 %
ROI-1.4 %8.7 %22.5 %6.3 %
Economic value added (EVA)-6.25-4.6411 287.194 175.12
Solvency
Equity ratio100.0 %100.0 %98.8 %97.6 %
Gearing0.0 %0.2 %0.2 %
Relative net indebtedness %5.9 %38.6 %
Liquidity
Quick ratio0.11.01.0
Current ratio0.11.01.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-0.2 %-1.9 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:6.20%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.6%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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