Credit rating
Company information
About HERNING INDUSTRILAKERING A/S
HERNING INDUSTRILAKERING A/S (CVR number: 31626188) is a company from HERNING. The company recorded a gross profit of 136.4 kDKK in 2023. The operating profit was -100.1 kDKK, while net earnings were -77.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -66.6 %, which can be considered poor and Return on Equity (ROE) was -90.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.3 %, 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 INDUSTRILAKERING A/S's liquidity measured by quick ratio was 1.4 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -67.80 | -69.00 | -19.41 | 137.51 | 136.37 |
EBIT | - 146.40 | - 149.49 | -99.22 | -99.21 | - 100.05 |
Net earnings | - 107.82 | - 113.96 | -78.10 | -77.59 | -77.93 |
Shareholders equity total | 394.46 | 280.50 | 202.39 | 124.80 | 46.87 |
Balance sheet total (assets) | 692.27 | 1 256.88 | 243.46 | 167.17 | 132.67 |
Net debt | 273.35 | 400.37 | - 167.63 | -52.13 | 26.67 |
Profitability | |||||
EBIT-% | |||||
ROA | -15.8 % | -12.7 % | -13.2 % | -48.3 % | -66.6 % |
ROE | -35.7 % | -33.8 % | -32.3 % | -47.4 % | -90.8 % |
ROI | -16.3 % | -13.3 % | -14.2 % | -56.5 % | -86.1 % |
Economic value added (EVA) | -79.14 | - 136.43 | -66.07 | -79.13 | -80.80 |
Solvency | |||||
Equity ratio | 57.0 % | 22.3 % | 83.1 % | 74.7 % | 35.3 % |
Gearing | 69.3 % | 323.1 % | 14.2 % | 77.8 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.3 | 1.3 | 6.0 | 3.9 | 1.4 |
Current ratio | 2.3 | 1.3 | 6.0 | 3.9 | 1.4 |
Cash and cash equivalents | 505.80 | 167.63 | 69.89 | 9.79 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | C | B | B |
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