Herning Autodiesel ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Herning Autodiesel ApS
Herning Autodiesel ApS (CVR number: 38128035) is a company from IKAST-BRANDE. The company recorded a gross profit of 11.7 mDKK in 2024. The operating profit was 11.7 mDKK, while net earnings were 13.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good but Return on Equity (ROE) was 33.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Herning Autodiesel ApS's liquidity measured by quick ratio was 3.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 888.18 | 5 353.04 | 8 119.45 | 6 367.13 | 11 722.34 |
EBIT | 1 888.18 | 5 353.04 | 8 119.45 | 6 367.13 | 11 722.34 |
Net earnings | 4 634.83 | 7 736.96 | 10 487.75 | 9 048.92 | 13 325.66 |
Shareholders equity total | 5 546.94 | 13 283.90 | 23 771.65 | 32 820.57 | 46 146.23 |
Balance sheet total (assets) | 151 251.20 | 180 421.30 | 219 203.46 | 215 834.45 | 224 862.58 |
Net debt | -54.86 | 144.22 | 13 227.30 | 18 854.98 | 36 896.98 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.9 % | 6.0 % | 6.8 % | 5.4 % | 8.2 % |
ROE | 143.5 % | 82.2 % | 56.6 % | 32.0 % | 33.8 % |
ROI | 141.0 % | 104.4 % | 53.5 % | 26.7 % | 26.6 % |
Economic value added (EVA) | 1 427.16 | 3 899.40 | 5 670.70 | 3 771.70 | 7 426.00 |
Solvency | |||||
Equity ratio | 3.7 % | 7.4 % | 10.8 % | 15.2 % | 20.5 % |
Gearing | 1.9 % | 55.6 % | 57.5 % | 83.4 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.6 | 9.5 | 5.8 | 4.9 | 3.8 |
Current ratio | 9.6 | 9.5 | 5.8 | 4.9 | 3.8 |
Cash and cash equivalents | 54.86 | 105.54 | 0.23 | 3.02 | 1 609.19 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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