Højgaards ApS — Credit Rating and Financial Key Figures

CVR number: 71150917
Fabjergkirkevej 51, Fabjerg 7620 Lemvig
bogholder@hm-pumpen.dk
tel: 97893250
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Company information

Official name
Højgaards ApS
Personnel
11 persons
Established
1982
Domicile
Fabjerg
Company form
Private limited company
Industry

About Højgaards ApS

Højgaards ApS (CVR number: 71150917) is a company from LEMVIG. The company recorded a gross profit of 5391.3 kDKK in 2024. The operating profit was 1010.1 kDKK, while net earnings were 713.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good but Return on Equity (ROE) was 22.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.5 %, 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 712.103 317.114 914.225 649.425 391.28
EBIT907.14-1 356.24351.75- 166.151 010.11
Net earnings592.99-1 346.0970.71- 466.40713.18
Shareholders equity total4 589.513 243.423 314.132 847.733 560.91
Balance sheet total (assets)10 317.3010 015.0212 218.3110 054.859 237.62
Net debt1 312.693 140.304 253.073 905.572 691.46
Profitability
EBIT-%
ROA9.0 %-13.3 %3.2 %-1.5 %10.5 %
ROE13.8 %-34.4 %2.2 %-15.1 %22.3 %
ROI12.5 %-17.9 %4.6 %-2.2 %14.6 %
Economic value added (EVA)403.25-1 557.5814.69- 557.26648.39
Solvency
Equity ratio44.5 %32.4 %27.1 %28.3 %38.5 %
Gearing36.3 %98.9 %130.0 %150.3 %79.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.50.60.50.5
Current ratio2.21.41.31.41.7
Cash and cash equivalents353.1466.7256.57375.52130.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBA

Variable visualization

ROA:10.5%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.5%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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