BRDR. HØYER MIDDELFART A/S — Credit Rating and Financial Key Figures

CVR number: 21337579
Vesterballevej 25, Snoghøj 7000 Fredericia
beh@trolle-law.dk
tel: 70151532

Credit rating

Company information

Official name
BRDR. HØYER MIDDELFART A/S
Personnel
2 persons
Established
1998
Domicile
Snoghøj
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About BRDR. HØYER MIDDELFART A/S

BRDR. HØYER MIDDELFART A/S (CVR number: 21337579) is a company from FREDERICIA. The company recorded a gross profit of 1683.9 kDKK in 2020. The operating profit was 353.8 kDKK, while net earnings were 275.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.4 %, which can be considered excellent and Return on Equity (ROE) was 17.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. BRDR. HØYER MIDDELFART A/S's liquidity measured by quick ratio was 3.7 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
20162017201820192020
Volume
Net sales
Gross profit1 809.381 738.531 988.841 481.241 683.88
EBIT757.42626.96502.09316.12353.82
Net earnings585.68482.78385.08247.23275.67
Shareholders equity total1 328.401 011.181 396.261 643.491 469.16
Balance sheet total (assets)1 936.991 776.562 161.881 998.171 921.62
Net debt-1 328.64-15.63- 176.42- 133.05-27.61
Profitability
EBIT-%
ROA39.2 %33.8 %25.6 %15.3 %18.4 %
ROE44.1 %41.3 %32.0 %16.3 %17.7 %
ROI57.1 %46.5 %32.9 %19.0 %23.0 %
Economic value added (EVA)590.81488.43358.80198.20199.75
Solvency
Equity ratio68.6 %56.9 %64.6 %82.2 %76.5 %
Gearing0.1 %33.9 %19.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.91.21.63.53.7
Current ratio3.01.41.63.83.8
Cash and cash equivalents1 329.82358.07449.85133.0527.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:18.4%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.5%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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