DB HERNING A/S — Credit Rating and Financial Key Figures

CVR number: 31166500
Østergade 28, 7400 Herning

Credit rating

Company information

Official name
DB HERNING A/S
Personnel
12 persons
Established
2008
Company form
Limited company
Industry

About DB HERNING A/S

DB HERNING A/S (CVR number: 31166500) is a company from HERNING. The company recorded a gross profit of 9589.1 kDKK in 2024. The operating profit was 2590.8 kDKK, while net earnings were 2027.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48.7 %, which can be considered excellent and Return on Equity (ROE) was 58 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.9 %, 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. DB HERNING 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit11 102.4310 878.087 385.567 962.429 589.07
EBIT5 313.353 594.94595.841 329.072 590.83
Net earnings4 123.382 773.25447.391 046.632 027.59
Shareholders equity total4 617.182 990.431 837.822 884.454 112.05
Balance sheet total (assets)7 845.675 192.463 699.894 905.575 886.29
Net debt-4 593.27-1 885.21161.89-1 585.29-3 313.18
Profitability
EBIT-%
ROA72.1 %55.1 %13.4 %31.2 %48.7 %
ROE86.7 %72.9 %18.5 %44.3 %58.0 %
ROI98.2 %82.6 %19.2 %45.0 %68.2 %
Economic value added (EVA)4 030.292 798.94408.21959.351 948.31
Solvency
Equity ratio58.9 %57.6 %49.7 %58.8 %69.9 %
Gearing21.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.60.41.42.6
Current ratio1.91.60.41.42.6
Cash and cash equivalents4 593.271 885.21240.631 585.293 313.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:48.7%
Rating: 94/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.9%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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