ITALIA HERNING ApS — Credit Rating and Financial Key Figures

CVR number: 29789231
Torvet 5, 7400 Herning
Free credit report Annual report

Credit rating

Company information

Official name
ITALIA HERNING ApS
Established
2006
Company form
Private limited company
Industry

About ITALIA HERNING ApS

ITALIA HERNING ApS (CVR number: 29789231) is a company from HERNING. The company recorded a gross profit of 71.9 kDKK in 2024. The operating profit was 71.9 kDKK, while net earnings were 30.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 2.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 61.2 %, 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. ITALIA HERNING ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit74.2274.91102.7380.4371.94
EBIT74.2274.91102.7380.4371.94
Net earnings37.2737.2854.7429.9530.18
Shareholders equity total1 268.731 306.011 360.751 390.701 420.88
Balance sheet total (assets)2 307.802 380.392 480.432 561.412 321.13
Net debt811.35770.06716.82693.31662.78
Profitability
EBIT-%
ROA3.3 %3.2 %4.2 %3.2 %2.9 %
ROE3.0 %2.9 %4.1 %2.2 %2.1 %
ROI3.4 %3.3 %4.3 %3.3 %3.0 %
Economic value added (EVA)-50.76-54.14-36.14-58.35-69.36
Solvency
Equity ratio55.0 %54.9 %54.9 %54.3 %61.2 %
Gearing76.6 %77.2 %77.1 %79.6 %58.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.30.40.2
Current ratio0.20.20.30.40.2
Cash and cash equivalents160.05237.82332.07413.06172.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.95%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.2%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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