T. HØYBYE TRADING ApS — Credit Rating and Financial Key Figures

CVR number: 67290518
Vestervoldgade 7, 5800 Nyborg
tel: 62572001

Credit rating

Company information

Official name
T. HØYBYE TRADING ApS
Established
1981
Company form
Private limited company
Industry

About T. HØYBYE TRADING ApS

T. HØYBYE TRADING ApS (CVR number: 67290518) is a company from NYBORG. The company recorded a gross profit of 521.2 kDKK in 2024. The operating profit was 322.7 kDKK, while net earnings were 112.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 58.8 %, 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. T. HØYBYE TRADING ApS's liquidity measured by quick ratio was 3.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit638.00651.00599.00541.00521.24
EBIT439.00452.00400.00161.00322.69
Net earnings178.00190.00159.00-18.00112.28
Shareholders equity total2 808.002 998.003 158.003 140.003 252.20
Balance sheet total (assets)6 929.006 957.006 327.005 954.005 529.71
Net debt-93.00- 170.00- 429.00- 758.00- 545.51
Profitability
EBIT-%
ROA6.4 %6.5 %6.0 %2.6 %5.6 %
ROE6.5 %6.5 %5.2 %-0.6 %3.5 %
ROI6.7 %6.7 %6.2 %2.7 %5.8 %
Economic value added (EVA)96.3099.4049.22-65.8427.96
Solvency
Equity ratio40.5 %43.1 %49.9 %52.7 %58.8 %
Gearing35.8 %32.0 %10.7 %
Relative net indebtedness %
Liquidity
Quick ratio3.64.91.64.73.6
Current ratio3.85.62.04.73.6
Cash and cash equivalents1 099.001 130.00766.00758.00545.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:5.62%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.8%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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