Højgaard Bagerservice A/S

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CVR 40742212Taastrup Hovedgade 156C, 2630 TaastrupFreight transport by road· NACE 4941Est. 2019 · 7 years old1 employees

Overview

Højgaard Bagerservice A/S is a Danish A/S based in Taastrup, operating in the Freight transport by road sector. Incorporated in 2019, the company has 1 employee and reported revenue of DKK 16.9m in its latest annual filing.

Revenue 2021

16.9M DKK

+273% vs 2020

EBITDA margin

5.1 %

+205% vs 2020

Net profit 2021

0.6M DKK

+177% vs 2020

Key ratios

See full ratios →

16.3 %

Weak

Among the 30% lowest rated companies in the industry

20202021

1.2×

Average

Around the average of companies in the same industry

20202021

5.4 %

Average

Around the average of companies in the same industry

20202021

EBITDA — year on year

DKK thousands

Key figures

Annual report 2021

Revenue	16.9M DKK	+273%
EBITDA	0.9M DKK	+205%
Net profit	0.6M DKK	+177%
Total assets	11M DKK	+295%
Equity	1.8M DKK	+150%
Employees	1	—

Contact

Address

Taastrup Hovedgade 156C, 2630 Taastrup

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Financial development

In its most recent annual report (2021), Højgaard Bagerservice A/S reported revenue of DKK 16.9m, an increase of 273% on the year before. The figures on this page draw on 2 annual filings covering 2020 to 2021. The bottom line showed a net profit of DKK 592.6k, and the EBITDA margin stood at 5.1%.

At the end of 2021, equity financed 16.3% of the balance sheet, and current assets covered short-term debt 1.2 times.

Financials

Revenue

DKK millions

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2021	2020
Revenue	16,918	4,538
Staff expenses	-16,058	-4,118
EBITDA	860	282
Depreciation & amort.	-0	-0
EBIT	860	282
Net financials	-68	-8
Profit before tax	791	274
Tax	199	60
Net profit	593	214

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Balance sheet

DKK thousands

Item	2021	2020
Total assets	10,976	2,780
Equity	1,787	714
Long-term debt	0	0
Short-term debt	9,016	2,067
Total debt	9,016	2,067

Financial ratios

5-year trend

EBITDA margin

5.1 %

20202021

Equity ratio

16.3 %

Weak

Among the 30% lowest rated companies in the industry

20202021

Return on equity

33.2 %

Strong

Among the 40% highest rated companies in the industry

20202021

Net profit margin

3.5 %

Average

Around the average of companies in the same industry

20202021

Asset turnover

1.54×

Average

Around the average of companies in the same industry

20202021

Debt / equity

5.14×

Very weak

Among the 20% lowest rated companies in the industry

20202021

Sector performance

27 of 28 ratios graded

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

Profitability

Gross marginVery strong

Among the 10% highest rated companies in the industry

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 marginAverage

Around the average of companies in the same industry

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 marginAverage

Around the average of companies in the same industry

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

Return on equity (ROE)Strong

Among the 40% 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)Average

Around the average of companies in the same industry

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

Return on net assets (RONA)Strong

Among the 40% 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)Average

Around the average of companies in the same industry

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

Capacity ratioAverage

Around the average of companies in the same 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.

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 ratioWeak

Among the 40% lowest rated companies in the industry

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

Current assets to equityVery weak

Among the 10% lowest 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 capitalStrong

Among the 30% highest 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 ratioStrong

Among the 40% highest rated companies in the industry

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

Debt & solvency

Solidity ratioWeak

Among the 30% lowest 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 ratioWeak

Among the 30% lowest 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 equityVery weak

Among the 20% lowest rated companies in the industry

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

Liabilities to equityVery weak

Among the 20% lowest rated companies in the industry

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

Income to debtAverage

Around the average of companies in the same industry

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

EBITDA to debtWeak

Among the 40% lowest rated companies in the industry

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

Interest coverageStrong

Among the 40% highest rated companies in the industry

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

Interest rate on debtAverage

Around the average of companies in the same industry

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

Interest marginStrong

Among the 40% 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.

Efficiency & development

Asset turnoverAverage

Around the average of companies in the same industry

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

Equity to contributed capitalAverage

Around the average of companies in the same 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 10% highest rated companies in the industry

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

One-year change in debtVery weak

Among the 10% lowest rated companies in the industry

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

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 2021
Filed via CVR / Virk · Period 2020-10-01 – 2021-09-30
View PDF
Annual report 2020
Filed via CVR / Virk · Period 2019-08-27 – 2020-09-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (4)


CJ Christian-Marian Jigaranu Management	Management	2021 – 2022
BL Bo Lauritzen Liquidator	Liquidator	2022 – 2022
EK Elias Kovac Management	Management	2020 – 2021
DL Diana Lindorff Højgaard Management	Management	2019 – 2020

Board of directors

Non-executive oversight

Name	Role	Member since

Former (6)


CJ Christian-Marian Jigaranu Board of Directors	Board of Directors	2019 – 2022
AI Adrian Ivanov Chairman	Chairman	2021 – 2022
EK Elias Kovac Board of Directors	Board of Directors	2020 – 2021
DL Diana Lindorff Højgaard Board of Directors	Board of Directors	2019 – 2020
OV Ovidiu Vulpoiu Board of Directors	Board of Directors	2021 – 2022
SV Simon Victor Gamdrup Chairman	Chairman	2019 – 2021

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Jeppe Gamdrup	Individual	100%	100%	2020
Diana Lindorff Højgaard	Individual	100%	100%	2019

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Højgaard Bagerservice A/S also hold positions in 44 other companies.

Person	Role here	Other companies
Bo Lauritzen	Liquidator	41 companiesMany roles
Ovidiu Vulpoiu	Board of Directors	2 companies
Diana Lindorff Højgaard	Management	1 company

Frequently asked questions

What is the CVR number of Højgaard Bagerservice A/S?

Højgaard Bagerservice A/S is registered with CVR / Virk under CVR 40742212.

What is the revenue of Højgaard Bagerservice A/S?

Højgaard Bagerservice A/S reported revenue of DKK 16.9m in 2021.

How many employees does Højgaard Bagerservice A/S have?

Højgaard Bagerservice A/S employs 1 people as of the latest annual report.

Where is Højgaard Bagerservice A/S headquartered?

Højgaard Bagerservice A/S's registered address is Taastrup Hovedgade 156C.