HØJLAND BILER A/S — Credit Rating and Financial Key Figures

CVR number: 29798710
Vilhelmsborgvej 17, 7700 Thisted
tel: 97926677

Company information

Official name
HØJLAND BILER A/S
Personnel
39 persons
Established
2006
Company form
Limited company
Industry

About HØJLAND BILER A/S

HØJLAND BILER A/S (CVR number: 29798710) is a company from THISTED. The company recorded a gross profit of 20.5 mDKK in 2023. The operating profit was 5145.8 kDKK, while net earnings were 4063.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.1 %, which can be considered good and Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 84.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HØJLAND BILER A/S's liquidity measured by quick ratio was 2.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit15 906.4116 713.8617 151.4018 789.4220 538.53
EBIT2 619.212 457.944 479.554 779.645 145.78
Net earnings2 345.332 233.143 636.283 752.424 063.30
Shareholders equity total21 291.7623 524.9027 161.1730 913.6034 976.89
Balance sheet total (assets)33 905.3436 277.1539 584.9843 759.1344 310.72
Net debt5 027.652 406.166 421.993 646.09-2 156.72
Profitability
EBIT-%
ROA8.9 %8.3 %12.5 %11.9 %12.1 %
ROE11.7 %10.0 %14.3 %12.9 %12.3 %
ROI10.7 %10.4 %15.2 %14.0 %14.7 %
Economic value added (EVA)1 094.98894.102 404.482 369.262 581.92
Solvency
Equity ratio65.6 %68.3 %72.7 %76.3 %84.6 %
Gearing28.2 %17.0 %23.7 %19.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.31.01.42.1
Current ratio2.52.93.03.24.4
Cash and cash equivalents972.351 593.8410.522 358.292 156.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAAA

Variable visualization

ROA:12.1%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.6%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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