HØGH ADVOKATANPARTSSELSKAB — Credit Rating and Financial Key Figures

CVR number: 36493240
Højen Skovvej 68, 7100 Vejle

Credit rating

Company information

Official name
HØGH ADVOKATANPARTSSELSKAB
Personnel
1 person
Established
2015
Company form
Private limited company
Industry
  • Expand more icon69Legal and accounting activities

About HØGH ADVOKATANPARTSSELSKAB

HØGH ADVOKATANPARTSSELSKAB (CVR number: 36493240) is a company from VEJLE. The company recorded a gross profit of 74.8 kDKK in 2021. The operating profit was -44.1 kDKK, while net earnings were -45.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13 %, which can be considered poor and Return on Equity (ROE) was -16.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 81 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HØGH ADVOKATANPARTSSELSKAB's liquidity measured by quick ratio was 5.3 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
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit113.02128.70133.75205.0374.85
EBIT-4.50-24.15-43.1571.70-44.06
Net earnings-4.50-24.15-43.2871.13-45.35
Shareholders equity total290.77266.62223.33294.46249.11
Balance sheet total (assets)317.29327.09252.60371.33307.58
Net debt- 104.00-61.58-82.47-95.33- 249.68
Profitability
EBIT-%
ROA-1.4 %-7.5 %-14.9 %23.0 %-13.0 %
ROE-1.5 %-8.7 %-17.7 %27.5 %-16.7 %
ROI-1.5 %-8.7 %-17.6 %27.7 %-16.2 %
Economic value added (EVA)-14.22-33.54-53.4564.62-54.07
Solvency
Equity ratio91.6 %81.5 %88.4 %79.3 %81.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio8.74.48.44.85.3
Current ratio8.74.48.44.85.3
Cash and cash equivalents104.0061.5882.4795.33249.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-13.0%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.0%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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