HOVE ACCOUNTING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HOVE ACCOUNTING ApS
HOVE ACCOUNTING ApS (CVR number: 31773350) is a company from HORSENS. The company recorded a gross profit of 583.9 kDKK in 2023. The operating profit was -8.7 kDKK, while net earnings were -6.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.4 %, which can be considered poor and Return on Equity (ROE) was -9.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.6 %, 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. HOVE ACCOUNTING ApS's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 815.46 | 757.23 | 494.50 | 522.31 | 583.94 |
EBIT | 34.41 | -64.05 | 13.29 | 17.78 | -8.68 |
Net earnings | 26.45 | -51.91 | 9.37 | 13.20 | -6.40 |
Shareholders equity total | 99.47 | 47.56 | 56.93 | 70.13 | 63.73 |
Balance sheet total (assets) | 268.07 | 475.89 | 251.84 | 135.16 | 165.30 |
Net debt | - 210.92 | - 368.75 | - 182.18 | - 102.49 | - 144.55 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.5 % | -17.2 % | 3.7 % | 9.2 % | -5.4 % |
ROE | 30.7 % | -70.6 % | 17.9 % | 20.8 % | -9.6 % |
ROI | 39.9 % | -87.1 % | 25.4 % | 28.0 % | -12.1 % |
Economic value added (EVA) | 29.48 | -45.06 | 26.38 | 20.11 | -5.15 |
Solvency | |||||
Equity ratio | 37.1 % | 10.0 % | 22.6 % | 51.9 % | 38.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.1 | 1.3 | 2.1 | 1.6 |
Current ratio | 1.6 | 1.1 | 1.3 | 2.1 | 1.6 |
Cash and cash equivalents | 210.92 | 368.75 | 182.18 | 102.49 | 144.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
Variable visualization
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