Herning Bilen Finans III ApS — Credit Rating and Financial Key Figures

Herning Bilen Finans III ApS (CVR number: 39400081) is a company from HERNING. The company recorded a gross profit of -1.1 kDKK in 2024. The operating profit was -1.1 kDKK, while net earnings were 6.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 32.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.4 %, 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 Bilen Finans III ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.