HERNING FOLKEBLADS FOND

CVR number: 11696678
Østergade 21, 7400 Herning
hf@herningfolkeblad.dk

Credit rating

Company information

Official name
HERNING FOLKEBLADS FOND
Established
1999
Industry
  • Expand more icon88Social work activities without accommodation

About the company

HERNING FOLKEBLADS FOND (CVR number: 11696678) is a company from HERNING. The company reported a net sales of 0.4 mDKK in 2022, demonstrating a growth of 139.3 % compared to the previous year. The operating profit percentage was at 58.3 % (EBIT: 0.2 mDKK), while net earnings were 209.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HERNING FOLKEBLADS FOND's liquidity measured by quick ratio was 2.6 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales600.00200.00400.00150.00358.91
Gross profit806.0064.00400.00150.00358.91
EBIT806.0064.00288.007.00209.30
Net earnings394.0064.00288.007.00209.30
Shareholders equity total6 068.006 127.006 385.006 270.006 365.89
Balance sheet total (assets)6 856.006 513.006 763.006 573.006 570.98
Net debt- 792.00- 465.00- 715.00- 536.00- 514.99
Profitability
EBIT-%134.3 %32.0 %72.0 %4.7 %58.3 %
ROA11.7 %1.0 %4.3 %0.1 %3.2 %
ROE6.2 %1.0 %4.6 %0.1 %3.3 %
ROI12.7 %1.0 %4.6 %0.1 %3.3 %
Economic value added (EVA)869.87101.99306.44- 277.92-78.84
Solvency
Equity ratio88.5 %94.1 %94.4 %95.4 %96.9 %
Gearing0.0 %
Relative net indebtedness %-1.2 %-39.5 %-84.3 %-155.3 %-86.3 %
Liquidity
Quick ratio1.01.31.91.82.6
Current ratio1.01.31.91.82.6
Cash and cash equivalents795.00465.00715.00536.00514.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %6.5 %49.0 %89.0 %160.7 %93.7 %
Credit risk
Credit ratingABBBABBBA

Variable visualization

ROA:3.18%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.9%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Chairman of the board
Board member

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