HØJGADE ApS — Credit Rating and Financial Key Figures

CVR number: 32886515
Bygnaf 6, 6100 Haderslev
hove@bhove.dk
tel: 74523737

Credit rating

Company information

Official name
HØJGADE ApS
Established
2010
Company form
Private limited company
Industry

About HØJGADE ApS

HØJGADE ApS (CVR number: 32886515) is a company from HADERSLEV. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 565.7 kDKK, while net earnings were 385.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 46.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HØJGADE ApS's liquidity measured by quick ratio was 0 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 profit859.64753.92
EBIT290.48859.64753.92771.75565.72
Net earnings117.07602.75596.661 363.78385.24
Shareholders equity total1 455.002 057.742 654.404 018.184 403.43
Balance sheet total (assets)8 751.968 744.718 740.589 739.539 540.07
Net debt6 203.525 707.245 072.714 944.024 289.70
Profitability
EBIT-%
ROA3.4 %9.9 %9.3 %9.9 %5.8 %
ROE8.4 %34.3 %25.3 %40.9 %9.1 %
ROI3.7 %11.0 %10.3 %10.6 %6.1 %
Economic value added (EVA)27.33398.45295.84292.4291.66
Solvency
Equity ratio16.6 %23.5 %30.4 %41.3 %46.2 %
Gearing428.5 %277.9 %191.4 %123.0 %97.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents30.6010.786.9712.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:5.83%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.2%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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