HØGSTEDGAARD ApS — Credit Rating and Financial Key Figures

CVR number: 26672163
Bøgelundsvej 68, 8940 Randers SV

Credit rating

Company information

Official name
HØGSTEDGAARD ApS
Personnel
2 persons
Established
2002
Company form
Private limited company
Industry
  • Expand more icon35Electricity, gas, steam and air conditioning supply

About HØGSTEDGAARD ApS

HØGSTEDGAARD ApS (CVR number: 26672163) is a company from RANDERS. The company recorded a gross profit of 618.6 kDKK in 2023. The operating profit was -1424.4 kDKK, while net earnings were 3483.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent and Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 67 %, 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. HØGSTEDGAARD ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit- 259.18-1 286.34-2 239.351 613.57618.57
EBIT-1 113.50-8 770.80-3 685.2928.39-1 424.37
Net earnings2 489.75- 454.864 975.919 839.503 483.17
Shareholders equity total41 057.4740 440.5745 297.3155 022.4155 513.19
Balance sheet total (assets)76 706.9877 807.8279 769.8876 195.8182 881.92
Net debt21 996.4421 600.0515 347.671 576.343 383.31
Profitability
EBIT-%
ROA4.1 %0.8 %9.3 %19.5 %7.1 %
ROE6.2 %-1.1 %11.6 %19.6 %6.3 %
ROI4.1 %0.8 %9.4 %19.8 %7.3 %
Economic value added (EVA)-1 045.52-8 219.84-2 060.96318.02-1 595.01
Solvency
Equity ratio53.5 %52.0 %56.8 %72.2 %67.0 %
Gearing76.1 %79.5 %64.9 %27.0 %39.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.80.81.31.1
Current ratio0.80.80.81.31.1
Cash and cash equivalents9 241.3210 533.3814 034.0713 265.4918 413.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:7.15%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.0%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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