Højgaards ApS
Credit rating
Company information
About Højgaards ApS
Højgaards ApS (CVR number: 71150917) is a company from LEMVIG. The company recorded a gross profit of 5649.4 kDKK in 2023. The operating profit was -166.1 kDKK, while net earnings were -466.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.5 %, which can be considered poor and Return on Equity (ROE) was -15.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Højgaards ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 636.47 | 4 712.10 | 3 317.11 | 4 914.22 | 5 649.42 |
EBIT | 664.90 | 907.14 | -1 356.24 | 351.75 | - 166.15 |
Net earnings | 392.75 | 592.99 | -1 346.09 | 70.71 | - 466.40 |
Shareholders equity total | 3 996.52 | 4 589.51 | 3 243.42 | 3 314.13 | 2 847.73 |
Balance sheet total (assets) | 9 935.23 | 10 317.30 | 10 015.02 | 12 218.31 | 10 054.85 |
Net debt | 466.56 | 1 312.69 | 3 140.30 | 4 253.07 | 3 905.57 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.9 % | 9.0 % | -13.3 % | 3.2 % | -1.5 % |
ROE | 10.3 % | 13.8 % | -34.4 % | 2.2 % | -15.1 % |
ROI | 9.5 % | 12.5 % | -17.9 % | 4.6 % | -2.2 % |
Economic value added (EVA) | 294.19 | 528.92 | -1 468.84 | 158.98 | - 377.47 |
Solvency | |||||
Equity ratio | 40.2 % | 44.5 % | 32.4 % | 27.1 % | 28.3 % |
Gearing | 44.4 % | 36.3 % | 98.9 % | 130.0 % | 150.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.9 | 0.5 | 0.6 | 0.5 |
Current ratio | 2.0 | 2.2 | 1.4 | 1.3 | 1.4 |
Cash and cash equivalents | 1 308.20 | 353.14 | 66.72 | 56.57 | 375.52 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BB | BBB | BBB |
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