Hightrade ApS

CVR number: 29975140
Gotlandsvej 22, 8700 Horsens

Credit rating

Company information

Official name
Hightrade ApS
Established
2006
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Hightrade ApS

Hightrade ApS (CVR number: 29975140) is a company from HORSENS. The company recorded a gross profit of -17.8 kDKK in 2022. The operating profit was -354.1 kDKK, while net earnings were -278.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -52.7 %, which can be considered poor and Return on Equity (ROE) was -53.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Hightrade ApS's liquidity measured by quick ratio was 45.3 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
20182019202020212022
Volume
Net sales
Gross profit-7.18-9.71-17.66-9.00-17.76
EBIT-10.35-21.21-47.33- 945.33- 354.09
Net earnings-3.62-27.32-37.48- 737.99- 278.30
Shareholders equity total123.5896.27199.78661.79383.50
Balance sheet total (assets)169.87188.72212.63953.78389.83
Net debt-2.1773.30-0.71273.00-0.41
Profitability
EBIT-%
ROA-3.0 %-11.8 %-22.7 %-162.1 %-52.7 %
ROE-2.9 %-24.9 %-25.3 %-171.3 %-53.2 %
ROI-4.1 %-14.4 %-24.0 %-163.9 %-53.2 %
Economic value added (EVA)-12.98-24.18-41.33- 747.35- 308.80
Solvency
Equity ratio72.8 %51.0 %94.0 %69.4 %98.4 %
Gearing76.6 %0.2 %43.2 %
Relative net indebtedness %
Liquidity
Quick ratio3.70.65.61.845.3
Current ratio3.70.65.62.845.3
Cash and cash equivalents2.170.441.0412.650.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCBBBBB

Variable visualization

ROA:-52.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.4%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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