HØGSTEDGAARD ApS — Credit Rating and Financial Key Figures

CVR number: 26672163
Bøgelundsvej 68, 8940 Randers SV

Company information

Official name
HØGSTEDGAARD ApS
Personnel
2 persons
Established
2002
Company form
Private limited company
Industry

About HØGSTEDGAARD ApS

HØGSTEDGAARD ApS (CVR number: 26672163) is a company from RANDERS. The company recorded a gross profit of 711.8 kDKK in 2024. The operating profit was -1798.2 kDKK, while net earnings were 477.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 69.6 %, 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 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit-1 286.34-2 239.351 613.57608.57711.80
EBIT-8 770.80-3 685.2928.39-1 424.37-1 798.23
Net earnings- 454.864 975.919 839.503 483.17477.22
Shareholders equity total40 440.5745 297.3155 022.4155 513.1954 992.56
Balance sheet total (assets)77 807.8279 769.8876 195.8182 881.9278 982.40
Net debt21 600.0515 347.671 576.343 383.31-5 135.83
Profitability
EBIT-%
ROA0.8 %9.3 %19.5 %7.1 %3.9 %
ROE-1.1 %11.6 %19.6 %6.3 %0.9 %
ROI0.8 %9.4 %19.8 %7.3 %3.9 %
Economic value added (EVA)-12 372.61-6 457.12-3 946.18-4 757.41-5 381.16
Solvency
Equity ratio52.0 %56.8 %72.2 %67.0 %69.6 %
Gearing79.5 %64.9 %27.0 %39.3 %33.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.81.31.11.3
Current ratio0.80.81.31.11.3
Cash and cash equivalents10 533.3814 034.0713 265.4918 413.3023 716.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:3.85%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.6%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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