HIGH HOPES INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 30583663
Digtervænget 141, 9550 Mariager

Credit rating

Company information

Official name
HIGH HOPES INVEST ApS
Established
2007
Company form
Private limited company
Industry

About HIGH HOPES INVEST ApS

HIGH HOPES INVEST ApS (CVR number: 30583663) is a company from MARIAGERFJORD. The company recorded a gross profit of -13.8 kDKK in 2023. The operating profit was -13.8 kDKK, while net earnings were -124.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -33.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 11.8 %, 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. HIGH HOPES INVEST ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-7.25-17.41-12.59-13.03-13.81
EBIT-7.25-17.41-12.59-13.03-13.81
Net earnings-57.27- 150.52491.89- 161.08- 124.64
Shareholders equity total255.41104.89596.78435.70311.06
Balance sheet total (assets)813.861 458.232 842.562 715.822 636.63
Net debt550.781 344.462 234.062 256.522 295.79
Profitability
EBIT-%
ROA-6.4 %-15.1 %21.6 %-4.2 %-3.1 %
ROE-20.2 %-83.6 %140.2 %-31.2 %-33.4 %
ROI-6.5 %-15.2 %21.6 %-4.2 %-3.1 %
Economic value added (EVA)-20.85-23.18-19.22-31.24-28.00
Solvency
Equity ratio31.4 %7.2 %21.0 %16.0 %11.8 %
Gearing215.7 %1283.1 %375.1 %521.6 %745.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.70.60.60.6
Current ratio0.90.70.60.60.6
Cash and cash equivalents0.171.384.2216.0922.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:-3.08%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.8%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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