Highway 51 ApS — Credit Rating and Financial Key Figures

CVR number: 37559865
Graceland Randers Vej 3, 8960 Randers SØ

Credit rating

Company information

Official name
Highway 51 ApS
Personnel
36 persons
Established
2016
Company form
Private limited company
Industry

About Highway 51 ApS

Highway 51 ApS (CVR number: 37559865) is a company from RANDERS. The company recorded a gross profit of 5196.3 kDKK in 2024. The operating profit was 481.1 kDKK, while net earnings were 315.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 16.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.1 %, 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. Highway 51 ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit5 725.813 862.705 654.255 134.355 196.34
EBIT1 138.45- 658.05433.50779.01481.13
Net earnings818.50- 538.09192.50570.76315.46
Shareholders equity total1 577.821 039.731 232.231 802.992 118.45
Balance sheet total (assets)6 147.326 291.136 068.746 105.716 638.64
Net debt2 248.612 116.592 695.972 997.473 231.18
Profitability
EBIT-%
ROA21.5 %-10.6 %7.0 %13.2 %7.6 %
ROE70.0 %-41.1 %16.9 %37.6 %16.1 %
ROI34.5 %-18.8 %12.1 %18.2 %9.4 %
Economic value added (EVA)750.99- 708.96139.53412.36131.02
Solvency
Equity ratio25.7 %16.5 %20.3 %29.7 %32.1 %
Gearing143.5 %205.1 %222.2 %169.6 %154.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.20.10.1
Current ratio0.10.10.20.20.2
Cash and cash equivalents15.0015.5041.6860.8536.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:7.55%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.1%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.