Højgaard-Biler ApS — Credit Rating and Financial Key Figures

Højgaard-Biler ApS (CVR number: 37156434) is a company from KØGE. The company recorded a gross profit of -145.1 kDKK in 2020. The operating profit was -398.5 kDKK, while net earnings were -417.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.3 %, which can be considered poor and Return on Equity (ROE) was -40.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Højgaard-Biler ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.