HIGHLANDER HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 31583969
Østergårdsvej 5, 8870 Langå
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Credit rating

Company information

Official name
HIGHLANDER HOLDING A/S
Established
2008
Company form
Limited company
Industry

About HIGHLANDER HOLDING A/S

HIGHLANDER HOLDING A/S (CVR number: 31583969) is a company from FAVRSKOV. The company recorded a gross profit of 368 kDKK in 2024. The operating profit was 241.5 kDKK, while net earnings were -1216.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak but Return on Equity (ROE) was -24 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 14 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. HIGHLANDER HOLDING A/S's liquidity measured by quick ratio was 0.7 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 profit984.921 592.44882.971 386.31368.03
EBIT551.541 221.62474.031 261.62241.45
Net earnings442.64650.89- 195.4257.34-1 216.22
Shareholders equity total5 582.375 822.095 626.455 683.794 467.57
Balance sheet total (assets)33 991.5533 928.8532 648.5332 252.9831 888.91
Net debt25 818.6925 225.2026 083.5625 716.8926 692.67
Profitability
EBIT-%
ROA2.7 %3.5 %1.4 %4.1 %1.0 %
ROE7.8 %11.4 %-3.4 %1.0 %-24.0 %
ROI2.9 %3.7 %1.5 %4.2 %1.0 %
Economic value added (EVA)-1 192.54- 532.36-1 280.33- 273.11-1 355.85
Solvency
Equity ratio16.4 %17.2 %17.2 %17.6 %14.0 %
Gearing464.5 %433.5 %463.7 %453.1 %597.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.11.01.20.7
Current ratio0.81.11.01.20.7
Cash and cash equivalents113.4113.975.2335.455.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:0.97%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.0%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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