HERNING VAND HOLDING A/S

HERNING VAND HOLDING A/S (CVR number: 25810619) is a company from HERNING. The company reported a net sales of 72 mDKK in 2023, demonstrating a growth of 9 % compared to the previous year. The operating profit percentage was poor at -0.7 % (EBIT: -0.5 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 99.6 %, 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 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.