H H Herning A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 750.00 | 906.00 | - 953.00 | 322.00 | 2 189.26 |
EBIT | 74.00 | - 453.00 | -3 343.00 | -5 418.00 | -9 154.72 |
Net earnings | 44.00 | - 377.00 | -2 598.00 | -4 567.00 | -8 498.64 |
Shareholders equity total | 21 827.00 | 21 449.00 | 18 852.00 | 29 885.00 | 70 550.94 |
Balance sheet total (assets) | 24 921.00 | 24 835.00 | 34 934.00 | 82 393.00 | 79 635.86 |
Net debt | 2 085.00 | 2 572.00 | 13 990.00 | 42 665.00 | -4 104.37 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.3 % | -1.8 % | -11.2 % | -9.2 % | -11.3 % |
ROE | 0.2 % | -1.7 % | -12.9 % | -18.7 % | -16.9 % |
ROI | 0.3 % | -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 ratio | 87.6 % | 86.4 % | 54.0 % | 36.3 % | 88.6 % |
Gearing | 9.6 % | 12.5 % | 78.1 % | 148.2 % | 0.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.1 | 0.2 | 0.1 | 2.9 |
Current ratio | 0.3 | 0.1 | 0.2 | 0.1 | 3.0 |
Cash and cash equivalents | 1.00 | 111.00 | 737.00 | 1 615.00 | 4 161.39 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BBB |
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