HIGH STREET ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HIGH STREET ApS
HIGH STREET ApS (CVR number: 35849475) is a company from ISHØJ. The company reported a net sales of 1.5 mDKK in 2023, demonstrating a growth of 47.7 % compared to the previous year. The operating profit percentage was at 7.6 % (EBIT: 0.1 mDKK), while net earnings were 112.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.8 %, which can be considered excellent and Return on Equity (ROE) was 53.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.9 %, 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. HIGH STREET ApS's liquidity measured by quick ratio was 2.1 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 300.83 | 190.13 | 1 010.51 | 1 492.08 | |
Gross profit | -16.16 | 246.01 | 85.00 | 420.49 | 811.35 |
EBIT | -17.04 | 246.01 | 50.35 | - 149.13 | 112.70 |
Net earnings | -17.04 | 246.01 | 46.41 | - 149.13 | 112.70 |
Shareholders equity total | 3.56 | 230.35 | 266.26 | 132.91 | 289.69 |
Balance sheet total (assets) | 9.58 | 247.78 | 299.62 | 296.48 | 460.83 |
Net debt | -0.23 | - 211.21 | - 133.73 | - 137.53 | - 349.18 |
Profitability | |||||
EBIT-% | 81.8 % | 26.5 % | -14.8 % | 7.6 % | |
ROA | -182.4 % | 191.2 % | 18.4 % | -50.0 % | 29.8 % |
ROE | -269.3 % | 210.3 % | 18.7 % | -74.7 % | 53.3 % |
ROI | -210.6 % | 207.2 % | 20.3 % | -74.7 % | 53.3 % |
Economic value added (EVA) | -10.15 | 253.49 | 56.45 | - 149.25 | 120.27 |
Solvency | |||||
Equity ratio | 37.1 % | 93.0 % | 88.9 % | 44.8 % | 62.9 % |
Gearing | 99.0 % | ||||
Relative net indebtedness % | -64.4 % | -52.8 % | 2.6 % | -11.9 % | |
Liquidity | |||||
Quick ratio | 1.6 | 14.2 | 4.3 | 1.0 | 2.1 |
Current ratio | 1.6 | 14.2 | 4.3 | 1.1 | 2.2 |
Cash and cash equivalents | 3.75 | 211.21 | 133.73 | 137.53 | 349.18 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 2.8 | 7.5 | 0.1 | ||
Net working capital % | 76.6 % | 58.7 % | 1.1 % | 13.6 % | |
Credit risk | |||||
Credit rating | B | B | BB | BB | BB |
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