HERNING SPECIAL VÆVERI A/S — Credit Rating and Financial Key Figures

CVR number: 10309948
Virkelyst 42, Gjellerup 7400 Herning

Company information

Official name
HERNING SPECIAL VÆVERI A/S
Personnel
12 persons
Established
1986
Domicile
Gjellerup
Company form
Limited company
Industry

About HERNING SPECIAL VÆVERI A/S

HERNING SPECIAL VÆVERI A/S (CVR number: 10309948) is a company from HERNING. The company recorded a gross profit of 6457.9 kDKK in 2023. The operating profit was 4811.4 kDKK, while net earnings were 3756.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.7 %, which can be considered excellent and Return on Equity (ROE) was 27 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HERNING SPECIAL VÆVERI A/S's liquidity measured by quick ratio was 5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 729.581 863.104 467.336 623.946 457.86
EBIT6 480.991 155.843 564.955 055.964 811.36
Net earnings4 944.95769.752 722.473 923.733 756.12
Shareholders equity total11 559.147 428.8910 151.3614 075.0913 756.12
Balance sheet total (assets)16 278.0413 617.2412 678.1016 052.4815 586.67
Net debt1 742.044 447.24- 196.46-1 334.09-1 293.37
Profitability
EBIT-%
ROA31.7 %7.8 %27.3 %35.4 %30.7 %
ROE45.2 %8.1 %31.0 %32.4 %27.0 %
ROI48.9 %8.1 %28.3 %37.7 %33.6 %
Economic value added (EVA)4 544.76344.202 382.293 470.333 082.96
Solvency
Equity ratio71.0 %54.6 %80.1 %87.7 %88.3 %
Gearing26.5 %63.6 %13.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.41.54.85.0
Current ratio0.80.41.55.25.7
Cash and cash equivalents1 318.05277.531 514.771 334.091 293.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:30.7%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.3%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer

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