HIGH-JET APS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HIGH-JET APS
HIGH-JET APS (CVR number: 38392972) is a company from MARIAGERFJORD. The company recorded a gross profit of -6 kDKK in 2023. The operating profit was -6 kDKK, while net earnings were -4.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.5 %, which can be considered poor and Return on Equity (ROE) was -27.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HIGH-JET APS's liquidity measured by quick ratio was 3.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -6.00 | -7.20 | -6.00 | -6.50 | -6.03 |
EBIT | -6.00 | -7.20 | -6.00 | -6.50 | -6.03 |
Net earnings | -4.76 | -5.77 | -4.80 | -5.14 | -4.11 |
Shareholders equity total | 32.59 | 26.83 | 22.03 | 16.89 | 12.78 |
Balance sheet total (assets) | 38.37 | 32.60 | 27.81 | 23.29 | 18.56 |
Net debt | -27.96 | -20.42 | -14.43 | -8.36 | -1.83 |
Profitability | |||||
EBIT-% | |||||
ROA | -14.7 % | -20.3 % | -19.9 % | -25.4 % | -26.5 % |
ROE | -13.6 % | -19.4 % | -19.6 % | -26.4 % | -27.7 % |
ROI | -14.7 % | -20.3 % | -19.9 % | -25.8 % | -26.9 % |
Economic value added (EVA) | -4.56 | -5.56 | -4.72 | -5.18 | -4.60 |
Solvency | |||||
Equity ratio | 84.9 % | 82.3 % | 79.2 % | 72.5 % | 68.9 % |
Gearing | 17.7 % | 21.5 % | 26.2 % | 34.2 % | 45.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.6 | 5.6 | 4.8 | 3.6 | 3.2 |
Current ratio | 6.6 | 5.6 | 4.8 | 3.6 | 3.2 |
Cash and cash equivalents | 33.73 | 26.19 | 20.20 | 14.13 | 7.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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