HIGG Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40779264
Drivkær 26, 2650 Hvidovre
tel: 52657538

Credit rating

Company information

Official name
HIGG Holding ApS
Established
2019
Company form
Private limited company
Industry

About HIGG Holding ApS

HIGG Holding ApS (CVR number: 40779264) is a company from HVIDOVRE. The company recorded a gross profit of -9.5 kDKK in 2024. The operating profit was -9.5 kDKK, while net earnings were 1731.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 58.9 %, which can be considered excellent and Return on Equity (ROE) was 145 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.3 %, 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. HIGG Holding ApS's liquidity measured by quick ratio was 1.8 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-14.00-7.00-10.49-11.87-9.54
EBIT-14.00-7.00-10.49-11.87-9.54
Net earnings-12.00383.00320.36335.561 731.61
Shareholders equity total34.00304.00511.46389.071 998.68
Balance sheet total (assets)202.00330.00637.651 296.574 617.40
Net debt150.00- 281.00- 489.73200.96379.90
Profitability
EBIT-%
ROA-6.9 %144.0 %66.0 %35.0 %58.9 %
ROE-35.3 %226.6 %78.6 %74.5 %145.0 %
ROI-7.1 %152.9 %74.9 %45.1 %62.6 %
Economic value added (EVA)-12.00-5.29-8.13-8.07-8.76
Solvency
Equity ratio16.8 %92.1 %80.2 %30.0 %43.3 %
Gearing479.4 %7.3 %144.6 %130.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.111.84.91.41.8
Current ratio1.111.84.91.41.8
Cash and cash equivalents13.00281.00527.00361.642 233.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:58.9%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.3%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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