Herning Fabrics A/S — Credit Rating and Financial Key Figures

Herning Fabrics A/S (CVR number: 28143443) is a company from HERNING. The company recorded a gross profit of 3314.5 kDKK in 2023. The operating profit was 2297.4 kDKK, while net earnings were 1791 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48.8 %, which can be considered excellent and Return on Equity (ROE) was 53.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76 %, 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 Fabrics A/S'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.