HØGH & SØNBERG A/S — Credit Rating and Financial Key Figures

CVR number: 27626181
Sindalsvej 21, 8240 Risskov
bogholderi@hoson.dk
tel: 86102229

Company information

Official name
HØGH & SØNBERG A/S
Personnel
140 persons
Established
2004
Company form
Limited company
Industry

About HØGH & SØNBERG A/S

HØGH & SØNBERG A/S (CVR number: 27626181) is a company from AARHUS. The company recorded a gross profit of 59.1 mDKK in 2023. The operating profit was 5828.9 kDKK, while net earnings were 4145.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good but Return on Equity (ROE) was 24.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.1 %, 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. HØGH & SØNBERG A/S'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 profit44 412.0040 121.0045 411.0051 298.1459 083.93
EBIT811.002 441.003 830.004 098.885 828.91
Net earnings323.001 595.002 786.002 843.624 145.06
Shareholders equity total8 477.009 571.0012 358.0015 087.0018 932.06
Balance sheet total (assets)43 755.0049 078.0045 086.0048 278.1276 925.17
Net debt-4 212.44-12 408.62
Profitability
EBIT-%
ROA2.1 %5.3 %8.1 %8.9 %9.4 %
ROE3.8 %17.7 %25.4 %20.7 %24.4 %
ROI3.1 %5.3 %8.1 %12.8 %25.8 %
Economic value added (EVA)537.172 015.033 349.062 562.663 990.35
Solvency
Equity ratio100.0 %100.0 %100.0 %36.7 %29.1 %
Gearing23.4 %21.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.7
Current ratio1.51.3
Cash and cash equivalents7 740.1516 375.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:9.40%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.1%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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