HOVA HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 10089050
Fredericiavej 401, Skærup Skov 7100 Vejle

Company information

Official name
HOVA HOLDING ApS
Established
2002
Domicile
Skærup Skov
Company form
Private limited company
Industry

About HOVA HOLDING ApS

HOVA HOLDING ApS (CVR number: 10089050) is a company from VEJLE. The company recorded a gross profit of -55.7 kDKK in 2023. The operating profit was -145.5 kDKK, while net earnings were 1737.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 11 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 51.3 %, 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. HOVA HOLDING ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit77.69-73.77- 108.58-98.20-55.70
EBIT-94.45- 326.48- 186.96- 178.82- 145.49
Net earnings1 038.112 875.67-3 190.552 243.761 737.06
Shareholders equity total15 262.1218 027.8014 724.2416 854.0114 591.07
Balance sheet total (assets)21 520.3228 547.4426 410.0627 872.2528 448.13
Net debt5 497.547 165.065 654.846 006.228 531.54
Profitability
EBIT-%
ROA5.5 %11.9 %-9.7 %12.2 %7.6 %
ROE7.0 %17.3 %-19.5 %14.2 %11.0 %
ROI5.5 %11.9 %-9.7 %12.2 %7.7 %
Economic value added (EVA)487.04381.71961.73781.74874.15
Solvency
Equity ratio70.9 %63.2 %55.8 %60.5 %51.3 %
Gearing40.8 %58.3 %79.3 %65.3 %89.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.80.41.51.00.7
Current ratio1.80.41.51.00.7
Cash and cash equivalents732.663 340.336 020.985 002.024 503.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBBAAAA

Variable visualization

ROA:7.63%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.3%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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