HØFFNER REVISION A/S OFFENTLIGT GODKENDTE REVISORER — Credit Rating and Financial Key Figures

CVR number: 76637415
Vesterbro 9 B, 5000 Odense C
mail@hoeffnerrevision.dk
tel: 65911259
www.hoeffnerrevision.dk

Company information

Official name
HØFFNER REVISION A/S OFFENTLIGT GODKENDTE REVISORER
Personnel
3 persons
Established
1985
Company form
Limited company
Industry

About HØFFNER REVISION A/S OFFENTLIGT GODKENDTE REVISORER

HØFFNER REVISION A/S OFFENTLIGT GODKENDTE REVISORER (CVR number: 76637415) is a company from ODENSE. The company recorded a gross profit of 1847.8 kDKK in 2023. The operating profit was 764.4 kDKK, while net earnings were 600.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.3 %, which can be considered excellent and Return on Equity (ROE) was 60 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.5 %, 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. HØFFNER REVISION A/S OFFENTLIGT GODKENDTE REVISORER'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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 292.692 600.462 481.982 173.121 847.83
EBIT444.75726.15526.62764.89764.40
Net earnings352.16602.61403.30600.61600.83
Shareholders equity total752.161 002.61803.301 000.611 000.83
Balance sheet total (assets)1 846.271 857.871 563.151 845.651 653.26
Net debt- 524.20- 891.03- 435.38- 439.90- 251.25
Profitability
EBIT-%
ROA25.0 %42.5 %30.9 %45.6 %44.3 %
ROE45.7 %68.7 %44.7 %66.6 %60.0 %
ROI44.0 %77.5 %57.1 %85.1 %76.4 %
Economic value added (EVA)317.23564.98400.71575.27565.67
Solvency
Equity ratio40.7 %54.0 %51.4 %54.2 %60.5 %
Gearing33.7 %2.3 %2.8 %0.1 %2.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.71.61.81.7
Current ratio1.31.71.61.81.7
Cash and cash equivalents777.51914.02457.49440.94278.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:44.3%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.5%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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