HERNING FINERCENTRAL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HERNING FINERCENTRAL A/S
HERNING FINERCENTRAL A/S (CVR number: 30282140) is a company from HERNING. The company recorded a gross profit of 469.9 kDKK in 2024. The operating profit was -97.4 kDKK, while net earnings were -45 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.7 %, which can be considered poor and Return on Equity (ROE) was -4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.1 %, 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. HERNING FINERCENTRAL A/S's liquidity measured by quick ratio was 3.3 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 786.44 | 875.81 | 528.19 | 541.00 | 469.86 |
| EBIT | 286.57 | 377.90 | 66.59 | -6.07 | -97.35 |
| Net earnings | 223.83 | 299.57 | 51.51 | 27.10 | -45.02 |
| Shareholders equity total | 765.87 | 1 065.44 | 1 116.95 | 1 144.05 | 1 099.03 |
| Balance sheet total (assets) | 1 152.53 | 1 523.25 | 1 369.74 | 1 668.43 | 1 503.21 |
| Net debt | - 452.93 | - 494.44 | - 131.93 | - 296.46 | - 282.78 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 24.9 % | 28.4 % | 4.7 % | 2.3 % | -3.7 % |
| ROE | 25.5 % | 32.7 % | 4.7 % | 2.4 % | -4.0 % |
| ROI | 32.8 % | 41.4 % | 6.2 % | 3.1 % | -5.1 % |
| Economic value added (EVA) | 173.67 | 260.35 | -1.75 | -61.01 | - 133.12 |
| Solvency | |||||
| Equity ratio | 66.5 % | 69.9 % | 81.5 % | 68.6 % | 73.1 % |
| Gearing | 0.5 % | 0.5 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.6 | 3.1 | 5.3 | 3.0 | 3.3 |
| Current ratio | 2.9 | 3.3 | 5.6 | 3.2 | 3.6 |
| Cash and cash equivalents | 452.93 | 494.44 | 131.93 | 301.70 | 288.28 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BB | BB |
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