HØJVANG SNEDKERI ApS — Credit Rating and Financial Key Figures

CVR number: 28854773
Rugmarken 2, Nørlem 7620 Lemvig
nik@hojvang-snedkeri.dk
tel: 96638029
www.hojvang-snedkeri.dk
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Credit rating

Company information

Official name
HØJVANG SNEDKERI ApS
Personnel
24 persons
Established
2005
Domicile
Nørlem
Company form
Private limited company
Industry

About HØJVANG SNEDKERI ApS

HØJVANG SNEDKERI ApS (CVR number: 28854773) is a company from LEMVIG. The company recorded a gross profit of 23.6 mDKK in 2024. The operating profit was 12.9 mDKK, while net earnings were 9950.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 71.3 %, which can be considered excellent and Return on Equity (ROE) was 109.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HØJVANG SNEDKERI ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit3 941.268 705.889 566.1316 000.1523 576.73
EBIT- 285.502 653.982 488.638 148.8912 883.17
Net earnings- 337.041 881.191 781.706 162.519 950.77
Shareholders equity total510.942 392.132 768.237 162.5110 950.77
Balance sheet total (assets)5 394.317 177.2712 030.8215 741.4720 393.03
Net debt3 504.082 619.175 580.202 137.79-1 320.15
Profitability
EBIT-%
ROA-5.2 %42.2 %25.9 %58.7 %71.3 %
ROE-49.6 %129.6 %69.1 %124.1 %109.9 %
ROI-6.7 %57.6 %36.5 %90.7 %124.9 %
Economic value added (EVA)- 444.341 878.741 681.295 925.709 575.44
Solvency
Equity ratio9.5 %33.3 %23.0 %45.5 %55.6 %
Gearing685.8 %109.5 %201.6 %29.8 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.30.70.71.3
Current ratio0.61.11.11.41.8
Cash and cash equivalents1 399.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:71.3%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.6%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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