Highway Recovery DK ApS — Credit Rating and Financial Key Figures

CVR number: 40589554
Kalvebod Brygge 39, 1560 København V

Company information

Official name
Highway Recovery DK ApS
Personnel
3 persons
Established
2019
Company form
Private limited company
Industry

About Highway Recovery DK ApS

Highway Recovery DK ApS (CVR number: 40589554) is a company from KØBENHAVN. The company reported a net sales of 3.6 mDKK in 2021, demonstrating a growth of 0.9 % compared to the previous year. The operating profit percentage was poor at -2.7 % (EBIT: -0.1 mDKK), while net earnings were -74.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.5 %, which can be considered poor and Return on Equity (ROE) was -4.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Highway Recovery DK ApS's liquidity measured by quick ratio was 0.8 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
Volume
Net sales4 978.843 537.453 570.25
Gross profit3 529.112 334.942 707.86
EBIT- 277.48- 221.46-94.84
Net earnings- 217.36- 173.68-74.75
Shareholders equity total1 902.261 728.581 653.82
Balance sheet total (assets)2 483.192 227.281 989.38
Net debt- 285.38-42.06-27.19
Profitability
EBIT-%-5.6 %-6.3 %-2.7 %
ROA-11.2 %-9.4 %-4.5 %
ROE-11.4 %-9.6 %-4.4 %
ROI-12.7 %-10.7 %-5.0 %
Economic value added (EVA)- 216.44- 149.49-54.23
Solvency
Equity ratio76.6 %77.6 %83.1 %
Gearing
Relative net indebtedness %0.2 %6.3 %2.7 %
Liquidity
Quick ratio1.40.40.8
Current ratio1.40.40.8
Cash and cash equivalents285.3842.0627.19
Capital use efficiency
Trade debtors turnover (days)8.26.87.4
Net working capital %2.2 %-4.4 %-0.7 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-4.51%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.1%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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