Høgh Holding 2016 ApS — Credit Rating and Financial Key Figures

CVR number: 37742805
Skovvej 5, 8370 Hadsten
skovvej5@gmail.com

Company information

Official name
Høgh Holding 2016 ApS
Established
2016
Company form
Private limited company
Industry

About Høgh Holding 2016 ApS

Høgh Holding 2016 ApS (CVR number: 37742805) is a company from FAVRSKOV. The company recorded a gross profit of -5.6 kDKK in 2023. The operating profit was -5.6 kDKK, while net earnings were 334.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.7 %, which can be considered excellent and Return on Equity (ROE) was 25.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Høgh Holding 2016 ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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-3.75-4.03-4.03-4.94-5.63
EBIT-3.75-4.03-4.03-4.94-5.63
Net earnings390.14565.27216.53237.24334.43
Shareholders equity total430.85996.131 099.661 222.501 439.12
Balance sheet total (assets)976.581 628.251 260.071 398.891 723.73
Net debt498.74439.2390.0943.9746.33
Profitability
EBIT-%
ROA51.2 %43.4 %15.4 %18.2 %21.7 %
ROE165.5 %79.2 %20.7 %20.4 %25.1 %
ROI53.2 %47.7 %16.9 %19.6 %24.6 %
Economic value added (EVA)22.6622.2651.6018.266.09
Solvency
Equity ratio44.1 %61.2 %87.3 %87.4 %83.5 %
Gearing115.8 %44.5 %8.6 %3.9 %3.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.30.51.51.4
Current ratio0.20.30.51.51.4
Cash and cash equivalents4.114.963.962.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:21.7%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.5%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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