HERNING VAND HOLDING A/S

HERNING VAND HOLDING A/S (CVR number: 25810619K) is a company from HERNING. The company reported a net sales of 213.7 mDKK in 2023, demonstrating a growth of 10.7 % compared to the previous year. The operating profit percentage was at 23.7 % (EBIT: 50.6 mDKK), while net earnings were 46.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 92.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HERNING VAND HOLDING A/S's liquidity measured by quick ratio was 1.8 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.