Højfeldt ApS

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CVR 35049002Refshalevej 163B, 1432 København KTelecommunication reselling activities and intermediation service activities for telecommunication· NACE 6120Est. 2013 · 13 years old— employees

Overview

Højfeldt ApS is a Danish APS based in København K, operating in the Telecommunication reselling activities and intermediation service activities for telecommunication sector. Incorporated in 2013, the company reported a gross profit of DKK 2.0m in its latest annual filing.

Gross profit 2020

2M DKK

+9% vs 2019

EBITDA margin (of gross profit)

42.3 %

+36% vs 2019

Net profit 2020

0.6M DKK

+41% vs 2019

Key ratios

See full ratios →

76.3 %

Strong

Among the 40% highest rated companies in the industry

20162020

2.3×

Average

Around the average of companies in the same industry

20162020

32.8 %

Very strong

Among the 20% highest rated companies in the industry

20162020

EBITDA — year on year

DKK thousands

Key figures

Annual report 2020

Gross profit	2M DKK	+9%
EBITDA	0.8M DKK	+36%
Net profit	0.6M DKK	+41%
Total assets	1.8M DKK	+58%
Equity	1.4M DKK	+75%
Employees	—	—

Contact

Address

Refshalevej 163B, 1432 København K

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Financial development

In its most recent annual report (2020), Højfeldt ApS reported a gross profit of DKK 2.0m, an increase of 9% on the year before. The figures on this page draw on 5 annual filings covering 2016 to 2020. The bottom line showed a net profit of DKK 583.2k, and the EBITDA margin stood at 42.3%.

At the end of 2020, equity financed 76.3% of the balance sheet, and current assets covered short-term debt 2.3 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2020	2019	2018	2017	2016
Gross profit	1,967	1,808	-73	369	131
Staff expenses	-1,135	-1,195	-0	-0	-0
EBITDA	832	613	-73	369	131
Depreciation & amort.	-85	-85	-11	-8	-42
EBIT	748	528	-84	362	89
Net financials	0	0	-8	-16	-28
Profit before tax	748	528	-92	346	61
Tax	164	116	-20	71	14
Net profit	583	412	-72	274	47

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Balance sheet

DKK thousands

Item	2020	2019	2018	2017	2016
Total assets	1,777	1,122	858	1,210	977
Equity	1,356	773	361	433	158
Long-term debt	0	0	249	579	139
Short-term debt	421	349	248	198	680
Total debt	421	349	497	777	818

Financial ratios

5-year trend

EBITDA margin (of gross profit)

42.3 %

20162020

Equity ratio

76.3 %

Strong

Among the 40% highest rated companies in the industry

20162020

Return on equity

43.0 %

Strong

Among the 30% highest rated companies in the industry

20162020

Net profit margin (of gross profit)

29.6 %

20162020

Asset turnover (of gross profit)

1.11×

20162020

Debt / equity

0.31×

Strong

Among the 40% highest rated companies in the industry

20162020

Sector performance

22 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Strong

Among the 30% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very strong

Among the 20% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Strong

Among the 30% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Very strong

Among the 20% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioVery strong

Among the 20% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Liquidity

Current ratioAverage

Around the average of companies in the same industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioAverage

Around the average of companies in the same industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioAverage

Around the average of companies in the same industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityVery strong

Among the 20% highest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalWeak

Among the 30% lowest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioVery strong

Among the 20% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioStrong

Among the 40% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioStrong

Among the 30% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityStrong

Among the 40% highest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityStrong

Among the 40% highest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery strong

Among the 20% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery strong

Among the 10% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest rate on debtVery strong

Among the 10% highest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery strong

Among the 20% highest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Interest coverageNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The ability to pay the interest on the company's debt out of its earnings.

Efficiency & development

Equity to contributed capitalStrong

Among the 30% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery strong

Among the 20% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtWeak

Among the 40% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2020
Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
View PDF
Annual report 2019
Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
View PDF
Annual report 2017
Filed via CVR / Virk · Period 2017-01-01 – 2017-12-31
View PDF
Annual report 2016
Filed via CVR / Virk · Period 2016-01-01 – 2016-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (5)


KB Kim Bach Management	Management	2013 – 2013
MK Mie Kristoffersen Management	Management	2013 – 2019
KH Kasper Højfeldt Falck Chief Executive Officer	Chief Executive Officer	2019 – 2021
HB Henrik Brædder Management	Management	2019 – 2019
PB Pernille Bigaard Liquidator	Liquidator	2022 – 2022

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Kasper Højfeldt Falck	Individual	100%	100%	2019
Henrik Brædder	Individual	100%	100%	2013
CAIA HOLDING ApS	Company	100%	100%	2013
Aut. VVS og EL Teknik ApS	Company	100%	100%	2019