HØG-KROGSGAARD VINDMØLLE A/S — Credit Rating and Financial Key Figures

CVR number: 34079846
Havnevej 23, 7800 Skive

Company information

Official name
HØG-KROGSGAARD VINDMØLLE A/S
Established
2011
Company form
Limited company
Industry

About HØG-KROGSGAARD VINDMØLLE A/S

HØG-KROGSGAARD VINDMØLLE A/S (CVR number: 34079846) is a company from SKIVE. The company recorded a gross profit of 3385.9 kDKK in 2023. The operating profit was 2545.9 kDKK, while net earnings were 4590.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.7 %, which can be considered excellent and Return on Equity (ROE) was 16 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 94.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HØG-KROGSGAARD VINDMØLLE A/S's liquidity measured by quick ratio was 21.3 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 profit862.15580.691 959.664 884.993 385.87
EBIT-6 697.65- 259.311 119.664 044.992 545.87
Net earnings-3 812.801 148.732 564.11792.764 590.40
Shareholders equity total21 848.3222 997.0525 561.1626 353.9330 944.33
Balance sheet total (assets)23 171.6524 209.5127 061.7927 265.0932 789.78
Net debt-14 645.90-16 925.67-20 532.85-22 414.38-28 999.47
Profitability
EBIT-%
ROA-19.0 %6.3 %13.0 %16.3 %19.7 %
ROE-16.1 %5.1 %10.6 %3.1 %16.0 %
ROI-19.2 %6.4 %13.3 %16.7 %20.3 %
Economic value added (EVA)-5 914.55- 562.87563.822 841.481 781.97
Solvency
Equity ratio94.3 %95.0 %94.5 %96.7 %94.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio38.745.928.268.721.3
Current ratio38.745.928.268.721.3
Cash and cash equivalents14 645.9016 925.6720 532.8522 414.3828 999.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAAAAA

Variable visualization

ROA:19.7%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.4%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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