Højgaard VVS ApS — Credit Rating and Financial Key Figures

CVR number: 40131876
Karlstrup Mose Allé 9, Karlstrup 2680 Solrød Strand

Credit rating

Company information

Official name
Højgaard VVS ApS
Personnel
3 persons
Established
2018
Domicile
Karlstrup
Company form
Private limited company
Industry

About Højgaard VVS ApS

Højgaard VVS ApS (CVR number: 40131876) is a company from SOLRØD. The company recorded a gross profit of 1671.1 kDKK in 2024. The operating profit was 460.1 kDKK, while net earnings were 352 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.1 %, which can be considered excellent and Return on Equity (ROE) was 28.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Højgaard VVS ApS's liquidity measured by quick ratio was 1.8 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 profit1 312.721 504.511 267.60972.471 671.07
EBIT704.54825.35449.20222.02460.09
Net earnings536.45631.94339.14168.17352.03
Shareholders equity total936.581 468.521 307.661 150.821 352.85
Balance sheet total (assets)1 947.902 366.562 927.502 752.602 977.20
Net debt- 752.80- 400.51- 993.21- 145.03132.68
Profitability
EBIT-%
ROA50.6 %38.3 %17.0 %7.8 %16.1 %
ROE77.1 %52.6 %24.4 %13.7 %28.1 %
ROI77.0 %53.7 %23.9 %12.2 %25.9 %
Economic value added (EVA)512.10573.76253.7369.92266.44
Solvency
Equity ratio48.1 %62.1 %44.7 %41.8 %45.4 %
Gearing35.0 %23.3 %49.3 %46.8 %38.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.61.81.71.8
Current ratio1.92.61.81.71.8
Cash and cash equivalents1 081.00743.261 638.23683.72382.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:16.1%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.4%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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