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HOUGAARD & PIHL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HOUGAARD & PIHL ApS
HOUGAARD & PIHL ApS (CVR number: 31490502) is a company from RINGSTED. The company recorded a gross profit of 9646.9 kDKK in 2024. The operating profit was -172.8 kDKK, while net earnings were -161.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.7 %, which can be considered poor and Return on Equity (ROE) was -6.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HOUGAARD & PIHL ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 4 518.07 | 5 489.76 | 7 497.16 | 9 950.14 | 9 646.90 |
| EBIT | 18.25 | 323.83 | 1 035.71 | 1 009.18 | - 172.82 |
| Net earnings | 6.02 | 260.53 | 810.48 | 783.08 | - 161.75 |
| Shareholders equity total | 1 719.39 | 1 979.91 | 2 790.40 | 2 688.48 | 2 115.93 |
| Balance sheet total (assets) | 3 991.92 | 3 846.78 | 7 661.68 | 5 287.18 | 5 601.67 |
| Net debt | - 827.07 | - 733.17 | - 202.81 | - 412.24 | 63.56 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 0.9 % | 8.3 % | 18.4 % | 15.8 % | -2.7 % |
| ROE | 0.3 % | 14.1 % | 34.0 % | 28.6 % | -6.7 % |
| ROI | 1.8 % | 15.1 % | 39.6 % | 35.5 % | -6.0 % |
| Economic value added (EVA) | -93.24 | 186.00 | 703.94 | 631.61 | - 275.25 |
| Solvency | |||||
| Equity ratio | 43.1 % | 51.5 % | 39.1 % | 50.8 % | 37.8 % |
| Gearing | 7.5 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.8 | 2.0 | 1.7 | 2.3 | 1.4 |
| Current ratio | 2.0 | 2.3 | 1.7 | 2.6 | 1.7 |
| Cash and cash equivalents | 827.07 | 733.17 | 202.81 | 412.24 | 96.17 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | B |
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