Højer Møbler A/S — Credit Rating and Financial Key Figures

CVR number: 14795774
Industrivej 12, Vester Hassing 9310 Vodskov
tel: 98256040

Credit rating

Company information

Official name
Højer Møbler A/S
Personnel
32 persons
Established
1990
Domicile
Vester Hassing
Company form
Limited company
Industry
  • Expand more icon310000

About Højer Møbler A/S

Højer Møbler A/S (CVR number: 14795774) is a company from AALBORG. The company recorded a gross profit of 17.7 mDKK in 2024. The operating profit was 2419.8 kDKK, while net earnings were 867.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent but Return on Equity (ROE) was 21 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Højer Møbler A/S's liquidity measured by quick ratio was 0.3 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 profit13 887.4520 132.0521 778.2214 880.9317 650.04
EBIT1 842.474 136.393 082.98-2 648.452 419.79
Net earnings871.752 887.961 956.03-3 054.97867.19
Shareholders equity total4 437.657 325.616 756.653 701.674 568.86
Balance sheet total (assets)27 431.1434 185.0930 733.7028 510.3836 642.94
Net debt6 758.55641.188 837.3611 593.7218 876.52
Profitability
EBIT-%
ROA7.3 %13.5 %9.5 %-8.9 %7.5 %
ROE21.8 %49.1 %27.8 %-58.4 %21.0 %
ROI13.2 %39.9 %25.0 %-16.8 %12.5 %
Economic value added (EVA)1 260.083 028.142 049.78-2 511.341 646.50
Solvency
Equity ratio16.2 %21.4 %22.0 %13.0 %12.5 %
Gearing152.5 %8.8 %131.1 %313.5 %413.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.50.30.20.3
Current ratio1.11.11.11.00.9
Cash and cash equivalents7.385.9118.0712.713.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.46%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.5%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

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