HimmerLand A/S — Credit Rating and Financial Key Figures

CVR number: 10467489
Lars Larsens Vej 1, Gatten 9640 Farsø
tel: 98661600

Credit rating

Company information

Official name
HimmerLand A/S
Personnel
237 persons
Established
1986
Domicile
Gatten
Company form
Limited company
Industry
  • Expand more icon93Sports activities and amusement and recreation activities

About HimmerLand A/S

HimmerLand A/S (CVR number: 10467489) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 46.3 mDKK in 2024. The operating profit was -58 mDKK, while net earnings were -26.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -3.4 %, which can be considered poor and Return on Equity (ROE) was -3.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HimmerLand A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit18 708.0018 916.0031 976.0045 352.0046 267.00
EBIT-91 488.00-30 717.00-42 483.00-42 821.00-57 991.00
Net earnings-80 151.003 202.00-11 628.00-11 642.00-26 583.00
Shareholders equity total262 289.00266 191.00258 420.00747 447.00720 309.00
Balance sheet total (assets)717 390.00430 101.00618 683.00957 291.00994 661.00
Net debt162 698.00253 046.00
Profitability
EBIT-%
ROA-19.9 %-5.4 %-8.1 %-2.3 %-3.4 %
ROE-40.6 %1.2 %-4.4 %-2.3 %-3.6 %
ROI-19.9 %-5.4 %-8.1 %-2.4 %-3.6 %
Economic value added (EVA)-98 163.26-43 897.02-55 859.10-46 278.64-64 281.25
Solvency
Equity ratio100.0 %100.0 %100.0 %78.2 %72.6 %
Gearing21.8 %35.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.1
Current ratio0.30.1
Cash and cash equivalents81.0071.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBAA

Variable visualization

ROA:-3.45%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.6%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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