H H Herning A/S — Credit Rating and Financial Key Figures

CVR number: 37783803
Højskolevej 11, Birk 7400 Herning
adm@hojhuset.com
tel: 97123244
https://hhherning.dk/

Credit rating

Company information

Official name
H H Herning A/S
Personnel
32 persons
Established
2016
Domicile
Birk
Company form
Limited company
Industry
  • Expand more icon55Accommodation

About H H Herning A/S

H H Herning A/S (CVR number: 37783803) is a company from HERNING. The company recorded a gross profit of 2189.3 kDKK in 2023. The operating profit was -9154.7 kDKK, while net earnings were -8498.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.3 %, which can be considered poor and Return on Equity (ROE) was -16.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 88.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. H H Herning A/S's liquidity measured by quick ratio was 2.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 750.00906.00- 953.00322.002 189.26
EBIT74.00- 453.00-3 343.00-5 418.00-9 154.72
Net earnings44.00- 377.00-2 598.00-4 567.00-8 498.64
Shareholders equity total21 827.0021 449.0018 852.0029 885.0070 550.94
Balance sheet total (assets)24 921.0024 835.0034 934.0082 393.0079 635.86
Net debt2 085.002 572.0013 990.0042 665.00-4 104.37
Profitability
EBIT-%
ROA0.3 %-1.8 %-11.2 %-9.2 %-11.3 %
ROE0.2 %-1.7 %-12.9 %-18.7 %-16.9 %
ROI0.3 %-1.9 %-11.4 %-9.7 %-11.9 %
Economic value added (EVA)- 141.05- 570.97-2 738.32-4 135.07-7 683.54
Solvency
Equity ratio87.6 %86.4 %54.0 %36.3 %88.6 %
Gearing9.6 %12.5 %78.1 %148.2 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.10.20.12.9
Current ratio0.30.10.20.13.0
Cash and cash equivalents1.00111.00737.001 615.004 161.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:-11.3%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.6%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Chief executive officer
Board member

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