HØFFT ApS — Credit Rating and Financial Key Figures

CVR number: 30910524
Thorsvej 13, 4100 Ringsted
an@hofft.net
tel: 22321525
https://www.hofft.net/

Company information

Official name
HØFFT ApS
Personnel
14 persons
Established
2007
Company form
Private limited company
Industry

About HØFFT ApS

HØFFT ApS (CVR number: 30910524) is a company from RINGSTED. The company recorded a gross profit of 7049 kDKK in 2023. The operating profit was 443.8 kDKK, while net earnings were 123.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 35.2 %, 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. HØFFT 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 profit2 427.382 777.283 904.729 333.027 049.03
EBIT942.92483.67466.123 847.58443.85
Net earnings578.01265.24289.932 867.37123.50
Shareholders equity total708.08862.721 039.653 792.633 798.33
Balance sheet total (assets)2 233.083 214.115 063.928 076.4310 788.62
Net debt- 412.49- 188.061 325.041 223.182 752.98
Profitability
EBIT-%
ROA56.5 %17.8 %11.3 %58.6 %4.7 %
ROE125.9 %33.8 %30.5 %118.7 %3.3 %
ROI205.1 %61.5 %28.8 %102.5 %7.5 %
Economic value added (EVA)735.32357.46321.992 940.06117.62
Solvency
Equity ratio33.9 %26.8 %20.5 %47.0 %35.2 %
Gearing0.1 %0.1 %128.3 %32.7 %73.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.80.81.00.6
Current ratio1.51.41.31.91.5
Cash and cash equivalents413.38189.008.9215.9223.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:4.71%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.2%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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