MARTIN HØFT EJENDOMSSELSKAB A/S — Credit Rating and Financial Key Figures

CVR number: 30604997
Birkemosevej 3 A, 8361 Hasselager

Company information

Official name
MARTIN HØFT EJENDOMSSELSKAB A/S
Established
2007
Company form
Limited company
Industry

About MARTIN HØFT EJENDOMSSELSKAB A/S

MARTIN HØFT EJENDOMSSELSKAB A/S (CVR number: 30604997) is a company from AARHUS. The company recorded a gross profit of 1584.5 kDKK in 2023. The operating profit was 1265.1 kDKK, while net earnings were 973.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good and Return on Equity (ROE) was 13.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 81.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MARTIN HØFT EJENDOMSSELSKAB A/S's liquidity measured by quick ratio was 4.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 214.112 200.252 195.961 491.071 584.53
EBIT1 895.901 882.031 876.501 171.611 265.06
Net earnings1 395.001 371.351 443.65873.72973.14
Shareholders equity total7 412.647 783.997 727.656 601.377 574.52
Balance sheet total (assets)15 223.739 240.7610 965.0110 724.219 343.05
Net debt- 999.31-1 176.60-1 568.66-1 177.50-2 046.10
Profitability
EBIT-%
ROA13.2 %15.4 %18.6 %10.9 %12.7 %
ROE14.7 %18.0 %18.6 %12.2 %13.7 %
ROI13.4 %15.6 %18.9 %11.2 %13.2 %
Economic value added (EVA)1 175.731 466.061 133.06695.61828.71
Solvency
Equity ratio48.7 %84.2 %70.5 %61.6 %81.1 %
Gearing86.0 %0.4 %23.5 %34.5 %4.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.110.01.91.34.9
Current ratio1.110.01.91.34.9
Cash and cash equivalents7 374.561 204.373 384.103 456.282 390.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:12.7%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.1%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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