HIGHTEX ApS — Credit Rating and Financial Key Figures

CVR number: 20786949
Falkevej 5, 3400 Hillerød
info@hightex.dk
tel: 45851788
www.hightex.dk
Free credit report Annual report

Company information

Official name
HIGHTEX ApS
Personnel
1 person
Established
1998
Company form
Private limited company
Industry

About HIGHTEX ApS

HIGHTEX ApS (CVR number: 20786949) is a company from HILLERØD. The company recorded a gross profit of 372.4 kDKK in 2024. The operating profit was 170.7 kDKK, while net earnings were 92.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.9 %, which can be considered excellent and Return on Equity (ROE) was 88.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22 %, 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. HIGHTEX ApS's liquidity measured by quick ratio was 0.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit393.01368.77282.6192.19372.40
EBIT49.0224.77-6.05-48.58170.75
Net earnings19.488.69-9.96-60.0292.53
Shareholders equity total119.15127.85117.8957.87150.41
Balance sheet total (assets)619.13568.44547.88461.29683.41
Net debt171.95148.11212.26250.89258.72
Profitability
EBIT-%
ROA8.6 %4.2 %-0.9 %-9.6 %29.9 %
ROE17.8 %7.0 %-8.1 %-68.3 %88.9 %
ROI15.7 %8.1 %-1.6 %-15.1 %47.7 %
Economic value added (EVA)20.964.70-21.57-54.66103.55
Solvency
Equity ratio19.2 %22.5 %21.5 %12.5 %22.0 %
Gearing144.5 %154.8 %180.3 %434.0 %172.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.60.60.40.7
Current ratio1.21.21.21.11.2
Cash and cash equivalents0.2249.750.280.280.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:29.9%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.0%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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