HERNING FOLKEBLADS FOND — Credit Rating and Financial Key Figures

CVR number: 11696678
Østergade 21, 7400 Herning
hf@herningfolkeblad.dk
Free credit report Annual report

Company information

Official name
HERNING FOLKEBLADS FOND
Established
1999
Industry

About HERNING FOLKEBLADS FOND

HERNING FOLKEBLADS FOND (CVR number: 11696678) is a company from HERNING. The company reported a net sales of 0.3 mDKK in 2024, demonstrating a decline of -1.3 % compared to the previous year. The operating profit percentage was at 54.1 % (EBIT: 0.2 mDKK), while net earnings were 166.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak and Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.3 %, 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 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales400.00150.00359.00312.00307.90
Gross profit400.00150.00359.00312.00307.90
EBIT288.007.00209.00179.00166.73
Net earnings288.007.00209.00179.00166.73
Shareholders equity total6 385.006 270.006 366.006 219.006 105.39
Balance sheet total (assets)6 763.006 573.006 571.006 432.006 337.82
Net debt- 715.00- 536.00- 515.00- 375.00- 284.67
Profitability
EBIT-%72.0 %4.7 %58.2 %57.4 %54.1 %
ROA4.3 %0.1 %3.2 %2.8 %2.6 %
ROE4.6 %0.1 %3.3 %2.8 %2.7 %
ROI4.6 %0.1 %3.3 %2.8 %2.7 %
Economic value added (EVA)-19.88- 313.85- 106.07- 140.89- 145.78
Solvency
Equity ratio94.4 %95.4 %96.9 %96.7 %96.3 %
Gearing
Relative net indebtedness %-84.3 %-155.3 %-86.4 %-51.9 %-17.0 %
Liquidity
Quick ratio1.91.82.61.91.3
Current ratio1.91.82.61.91.3
Cash and cash equivalents715.00536.00515.00375.00284.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %89.0 %160.7 %93.9 %60.9 %24.7 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.61%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.3%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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

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