Highr ApS — Credit Rating and Financial Key Figures

CVR number: 36697199
Nygade 7, 1164 København K
ar@highr.dk
tel: 22798098
www.highr.dk

Company information

Official name
Highr ApS
Personnel
2 persons
Established
2015
Company form
Private limited company
Industry

About Highr ApS

Highr ApS (CVR number: 36697199) is a company from KØBENHAVN. The company recorded a gross profit of 1341.4 kDKK in 2024. The operating profit was -54 kDKK, while net earnings were -59.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.3 %, which can be considered poor and Return on Equity (ROE) was -17.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -1.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Highr ApS's liquidity measured by quick ratio was 1 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.

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 profit1 543.202 519.051 212.111 790.941 341.37
EBIT832.431 448.34- 122.86383.01-54.01
Net earnings647.391 121.05- 103.52293.92-59.43
Shareholders equity total918.191 439.23235.72343.92-5.51
Balance sheet total (assets)1 875.102 489.781 203.081 367.61332.55
Net debt-1 138.85-1 500.41- 699.76-1 063.82- 119.30
Profitability
EBIT-%
ROA53.5 %66.4 %-6.7 %29.8 %-6.3 %
ROE87.0 %95.1 %-12.4 %101.4 %-17.6 %
ROI109.3 %121.2 %-14.5 %132.2 %-31.4 %
Economic value added (EVA)618.731 081.68- 170.41282.17-71.29
Solvency
Equity ratio49.0 %57.8 %19.6 %25.1 %-1.6 %
Gearing1.9 %0.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.31.21.31.0
Current ratio1.92.31.21.31.0
Cash and cash equivalents1 156.431 513.83699.761 063.82119.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-6.33%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-1.63%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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