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

CVR number: 10309948
Virkelyst 42, Gjellerup 7400 Herning
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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 6795.3 kDKK in 2024. The operating profit was 5251.9 kDKK, while net earnings were 4079.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.6 %, which can be considered excellent and Return on Equity (ROE) was 29.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.5 %, 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. HERNING SPECIAL VÆVERI A/S's liquidity measured by quick ratio was 1.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 863.104 467.336 623.946 457.866 795.30
EBIT1 155.843 564.955 055.964 811.365 251.92
Net earnings769.752 722.473 923.733 756.124 079.72
Shareholders equity total7 428.8910 151.3614 075.0913 756.1214 079.72
Balance sheet total (assets)13 617.2412 678.1016 052.4815 586.6717 708.63
Net debt4 447.24- 196.46-1 334.09-1 293.37-1 954.32
Profitability
EBIT-%
ROA7.8 %27.3 %35.4 %30.7 %31.6 %
ROE8.1 %31.0 %32.4 %27.0 %29.3 %
ROI8.1 %28.3 %37.7 %33.6 %36.5 %
Economic value added (EVA)68.192 080.963 287.622 984.693 352.51
Solvency
Equity ratio54.6 %80.1 %87.7 %88.3 %79.5 %
Gearing63.6 %13.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.41.54.85.01.9
Current ratio0.41.55.25.72.1
Cash and cash equivalents277.531 514.771 334.091 293.371 954.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:31.6%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.5%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

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