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Analyst: XBRLDenmark
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  0.8% 0.8% 0.7% 0.9% 0.7%  
Credit score (0-100)  93 91 93 88 93  
Credit rating  AA AA AA A AA  
Credit limit (kDKK)  702.5 790.6 1,180.7 816.2 1,118.2  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Gross profit  1,335 1,322 1,344 1,195 1,254  
EBITDA  1,335 1,322 1,344 1,195 1,254  
EBIT  1,906 2,288 3,608 611 1,229  
Pre-tax profit (PTP)  1,609.1 2,017.2 3,436.7 205.9 362.1  
Net earnings  1,255.2 1,572.9 2,680.0 159.9 281.3  
Pre-tax profit without non-rec. items  1,609 2,017 3,437 206 362  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  26,906 27,871 30,137 29,553 29,528  
Shareholders equity total  6,807 8,255 10,810 10,845 11,001  
Interest-bearing liabilities  19,155 18,717 18,360 18,018 17,973  
Balance sheet total (assets)  28,305 29,245 31,973 31,566 31,669  

Net Debt  17,951 17,534 16,705 16,251 16,101  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  1,335 1,322 1,344 1,195 1,254  
Gross profit growth  17.6% -0.9% 1.6% -11.1% 4.9%  
Employees  0 0 0 0 0  
Employee growth %  0.0% 0.0% 0.0% 0.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  28,305 29,245 31,973 31,566 31,669  
Balance sheet change%  4.0% 3.3% 9.3% -1.3% 0.3%  
Added value  1,905.7 2,287.6 3,607.7 611.4 1,229.2  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  567 962 2,262 -587 -28  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  4.0 5.0 5.0 5.0 5.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  142.8% 173.0% 268.5% 51.2% 98.0%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  7.2% 8.3% 12.4% 2.0% 4.1%  
ROI %  7.5% 8.6% 12.8% 2.0% 4.2%  
ROE %  20.1% 20.9% 28.1% 1.5% 2.6%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  24.0% 28.2% 33.8% 34.4% 34.7%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  1,344.7% 1,325.9% 1,243.1% 1,359.8% 1,284.2%  
Gearing %  281.4% 226.7% 169.8% 166.1% 163.4%  
Net interest  0 0 0 0 0  
Financing costs %  2.1% 2.0% 2.0% 2.3% 5.1%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  0.9 1.1 1.4 1.7 1.8  
Current Ratio  0.9 1.1 1.4 1.7 1.8  
Cash and cash equivalent  1,204.4 1,182.6 1,654.2 1,767.1 1,872.2  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  -557.0 -590.6 -260.1 31.2 168.0  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  0 0 0 0 0  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  0 0 0 0 0  
EBIT / employee  0 0 0 0 0  
Net earnings / employee  0 0 0 0 0