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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  1.3% 1.4% 4.8% 11.3% 4.3%  
Credit score (0-100)  81 78 43 21 47  
Credit rating  A A BBB BB BBB  
Credit limit (kDKK)  48.0 18.9 0.0 0.0 0.0  

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  3,557 2,585 2,209 -107 191  
EBITDA  1,193 721 184 -698 57.8  
EBIT  1,061 593 39.7 -749 35.6  
Pre-tax profit (PTP)  956.1 507.7 -53.6 -868.3 -107.1  
Net earnings  738.0 353.7 -54.1 -893.3 -107.1  
Pre-tax profit without non-rec. items  956 508 -53.6 -868 -107  

 
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  3,773 3,760 3,616 3,341 3,319  
Shareholders equity total  2,359 2,213 1,159 265 158  
Interest-bearing liabilities  2,666 2,311 2,955 2,969 2,599  
Balance sheet total (assets)  7,343 6,374 5,647 4,435 4,222  

Net Debt  2,593 2,282 2,878 2,158 1,800  
 
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  3,557 2,585 2,209 -107 191  
Gross profit growth  57.7% -27.3% -14.6% 0.0% 0.0%  
Employees  7 6 7 3 0  
Employee growth %  0.0% -14.3% 16.7% -57.1% -100.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  7,343 6,374 5,647 4,435 4,222  
Balance sheet change%  -13.1% -13.2% -11.4% -21.5% -4.8%  
Added value  1,192.7 720.6 184.0 -604.2 57.8  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  -263 -140 -289 -325 -44  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  4.0 5.0 5.0 -1.0 1.0  

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 (%)  29.8% 23.0% 1.8% 698.4% 18.7%  
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 %  13.6% 8.6% 0.7% -14.8% 0.8%  
ROI %  19.3% 12.4% 0.9% -20.4% 1.2%  
ROE %  37.1% 15.5% -3.2% -125.5% -50.6%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  32.1% 34.7% 20.5% 6.0% 3.7%  
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, %  217.4% 316.7% 1,564.5% -309.3% 3,112.5%  
Gearing %  113.0% 104.4% 255.1% 1,119.1% 1,642.8%  
Net interest  0 0 0 0 0  
Financing costs %  3.2% 3.4% 3.6% 4.1% 5.1%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  0.9 1.0 1.0 0.7 0.6  
Current Ratio  1.1 1.1 1.1 0.7 0.6  
Cash and cash equivalent  73.1 28.5 76.6 810.3 799.1  

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  345.5 305.2 114.6 -548.6 -617.8  
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  170 120 26 -201 0  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  170 120 26 -233 0  
EBIT / employee  152 99 6 -250 0  
Net earnings / employee  105 59 -8 -298 0