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Højgaard Handel & Byg ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Højgaard Handel & Byg ApS
Højgaard Handel & Byg ApS (CVR number: 40360441) is a company from HERNING. The company recorded a gross profit of 78 kDKK in 2025. The operating profit was -14.6 kDKK, while net earnings were -14.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.2 %, which can be considered poor and Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Højgaard Handel & Byg ApS's liquidity measured by quick ratio was 8.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 65.65 | 11.11 | 74.94 | 190.85 | 78.04 |
| EBIT | 54.07 | -6.80 | 1.44 | 117.35 | -14.61 |
| Net earnings | 41.42 | -8.61 | 3.10 | 90.43 | -14.54 |
| Shareholders equity total | 602.07 | 593.45 | 596.55 | 686.98 | 552.44 |
| Balance sheet total (assets) | 619.52 | 744.45 | 614.94 | 758.10 | 582.58 |
| Net debt | - 198.37 | 146.79 | -53.80 | - 568.96 | - 247.58 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 9.1 % | -1.0 % | 0.2 % | 17.1 % | -2.2 % |
| ROE | 7.1 % | -1.4 % | 0.5 % | 14.1 % | -2.3 % |
| ROI | 9.3 % | -1.0 % | 0.2 % | 18.3 % | -2.3 % |
| Economic value added (EVA) | 13.86 | -37.05 | -35.97 | 60.40 | -49.18 |
| Solvency | |||||
| Equity ratio | 97.2 % | 79.7 % | 97.0 % | 90.6 % | 94.8 % |
| Gearing | 25.3 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 11.4 | 0.4 | 3.2 | 8.1 | 8.5 |
| Current ratio | 34.1 | 2.9 | 21.7 | 8.5 | 10.6 |
| Cash and cash equivalents | 198.37 | 3.21 | 53.80 | 568.96 | 247.58 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | BBB | BBB | A |
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