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 1356.3 kDKK in 2024. The operating profit was 516.3 kDKK, while net earnings were 2299.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good but Return on Equity (ROE) was 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 94.5 %, 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 20.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit580.691 959.664 884.993 385.871 356.32
EBIT- 259.311 119.664 044.992 545.87516.32
Net earnings1 148.732 564.11792.764 590.402 299.64
Shareholders equity total22 997.0525 561.1626 353.9330 944.3333 243.97
Balance sheet total (assets)24 209.5127 061.7927 265.0932 789.7835 179.13
Net debt-16 925.67-20 532.85-22 414.38-28 999.47-32 072.57
Profitability
EBIT-%
ROA6.3 %13.0 %16.3 %19.7 %8.7 %
ROE5.1 %10.6 %3.1 %16.0 %7.2 %
ROI6.4 %13.3 %16.7 %20.3 %9.0 %
Economic value added (EVA)-1 342.84- 326.641 775.08627.35-1 170.22
Solvency
Equity ratio95.0 %94.5 %96.7 %94.4 %94.5 %
Gearing2.7 %
Relative net indebtedness %
Liquidity
Quick ratio45.928.268.721.320.1
Current ratio45.928.268.721.320.1
Cash and cash equivalents16 925.6720 532.8522 414.3828 999.4732 955.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.69%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.5%
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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