Highway 69 ApS — Credit Rating and Financial Key Figures

CVR number: 40595643
Frederikshavnsvej 69, 9300 Sæby
tel: 23235731

Company information

Official name
Highway 69 ApS
Personnel
19 persons
Established
2019
Company form
Private limited company
Industry

About Highway 69 ApS

Highway 69 ApS (CVR number: 40595643) is a company from FREDERIKSHAVN. The company recorded a gross profit of 3132 kDKK in 2024. The operating profit was 833.2 kDKK, while net earnings were 590.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good and Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 88.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Highway 69 ApS's liquidity measured by quick ratio was 7.3 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 profit2 256.512 232.222 862.083 058.853 132.00
EBIT593.54226.511 037.511 425.47833.23
Net earnings348.51166.28784.451 044.81590.08
Shareholders equity total3 687.853 854.134 638.585 683.386 273.46
Balance sheet total (assets)5 594.035 502.115 840.977 442.467 054.44
Net debt87.60445.00460.29980.54330.65
Profitability
EBIT-%
ROA11.3 %4.1 %18.3 %21.5 %11.5 %
ROE9.9 %4.4 %18.5 %20.2 %9.9 %
ROI14.5 %5.2 %21.5 %23.7 %12.4 %
Economic value added (EVA)263.69-38.98572.10837.10459.48
Solvency
Equity ratio65.9 %70.0 %79.4 %76.4 %88.9 %
Gearing13.6 %13.6 %11.5 %18.4 %5.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.12.54.05.17.3
Current ratio2.12.54.05.17.4
Cash and cash equivalents412.8079.6072.0366.9840.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:11.5%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.9%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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

... and more!

No registration needed.