DEN SELVEJENDE INSTITUTION TEXTILFORUM (HERNING KLÆDEFABRIK) FOND — Credit Rating and Financial Key Figures

CVR number: 24245993
Vestergade 20, 7400 Herning

Credit rating

Company information

Official name
DEN SELVEJENDE INSTITUTION TEXTILFORUM (HERNING KLÆDEFABRIK) FOND
Established
1999
Industry
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About DEN SELVEJENDE INSTITUTION TEXTILFORUM (HERNING KLÆDEFABRIK) FOND

DEN SELVEJENDE INSTITUTION TEXTILFORUM (HERNING KLÆDEFABRIK) FOND (CVR number: 24245993) is a company from HERNING. The company recorded a gross profit of 250 kDKK in 2023. The operating profit was 201.6 kDKK, while net earnings were 633.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DEN SELVEJENDE INSTITUTION TEXTILFORUM (HERNING KLÆDEFABRIK) FOND's liquidity measured by quick ratio was 157.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit-45.08-63.55250.00
EBIT-51.99-45.08-63.55-46.39201.62
Net earnings793.75934.02833.82783.89633.16
Shareholders equity total26 804.2127 345.8627 654.6727 829.7127 838.98
Balance sheet total (assets)27 829.7128 371.3628 815.5529 067.2828 869.23
Net debt-11.11-11.11-16.76-26.89-23.28
Profitability
EBIT-%
ROA2.9 %3.3 %2.9 %2.7 %2.2 %
ROE3.0 %3.4 %3.0 %2.8 %2.3 %
ROI2.9 %3.3 %2.9 %2.7 %2.2 %
Economic value added (EVA)121.75177.07224.14244.35514.95
Solvency
Equity ratio96.3 %96.4 %96.0 %95.7 %96.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio164.4152.126.619.1157.6
Current ratio164.4152.126.619.1157.6
Cash and cash equivalents11.1111.1116.7626.8923.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:2.19%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.4%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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

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