HØIVANG HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27583504
Randrupmøllevej 16, 8800 Viborg

Company information

Official name
HØIVANG HOLDING ApS
Established
2004
Company form
Private limited company
Industry

About HØIVANG HOLDING ApS

HØIVANG HOLDING ApS (CVR number: 27583504) is a company from VIBORG. The company recorded a gross profit of 280.1 kDKK in 2024. The operating profit was 251.4 kDKK, while net earnings were 107.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 70.5 %, 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. HØIVANG HOLDING ApS's liquidity measured by quick ratio was 1.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit106.64107.44105.60- 307.17280.12
EBIT69.6969.6073.96- 337.44251.44
Net earnings560.181 998.94469.621 033.42107.10
Shareholders equity total5 705.887 594.227 950.848 869.868 859.16
Balance sheet total (assets)7 741.949 306.5110 589.2011 274.8912 568.01
Net debt770.1597.332 529.472 181.74-1 168.00
Profitability
EBIT-%
ROA12.5 %24.7 %7.7 %10.3 %6.8 %
ROE10.2 %30.1 %6.0 %12.3 %1.2 %
ROI12.6 %25.3 %7.8 %10.5 %6.9 %
Economic value added (EVA)36.03-24.27-12.94- 482.19-10.46
Solvency
Equity ratio73.7 %81.6 %75.1 %78.7 %70.5 %
Gearing34.3 %18.2 %32.1 %25.0 %41.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.22.00.10.31.7
Current ratio1.22.00.10.31.7
Cash and cash equivalents1 188.261 284.1225.6338.474 844.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:6.84%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.5%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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