Højen Landbrug ApS — Credit Rating and Financial Key Figures

CVR number: 37863505
Møllebyvej 9, Stadil 6980 Tim
hojenlandbrug@hotmail.com
tel: 40135229

Company information

Official name
Højen Landbrug ApS
Personnel
3 persons
Established
2016
Domicile
Stadil
Company form
Private limited company
Industry

About Højen Landbrug ApS

Højen Landbrug ApS (CVR number: 37863505) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 1639.2 kDKK in 2023. The operating profit was 435.1 kDKK, while net earnings were 84.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 39.2 %, 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. Højen Landbrug ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit1 369.621 310.121 382.972 153.191 639.23
EBIT316.58218.99364.831 260.77435.06
Net earnings150.9660.51190.93866.4584.14
Shareholders equity total1 910.051 970.572 161.503 027.945 913.08
Balance sheet total (assets)15 443.0615 241.8415 692.1416 397.6920 004.80
Net debt11 692.2711 423.7011 224.2411 117.4211 082.81
Profitability
EBIT-%
ROA2.1 %1.4 %2.4 %7.9 %2.4 %
ROE9.2 %3.1 %9.2 %33.4 %1.9 %
ROI2.1 %1.5 %2.5 %8.5 %2.6 %
Economic value added (EVA)- 303.79- 402.32- 265.27441.98- 173.60
Solvency
Equity ratio24.7 %25.4 %25.9 %30.2 %39.2 %
Gearing616.8 %589.0 %529.1 %373.2 %189.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.80.40.60.4
Current ratio3.33.51.72.31.7
Cash and cash equivalents88.66183.68212.96181.60113.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:2.43%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.2%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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