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 -4253.2 kDKK in 2024. The operating profit was -5826.4 kDKK, while net earnings were -4623.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.5 %, which can be considered poor and Return on Equity (ROE) was -6.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87.1 %, 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 3.7 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 | 906.00 | - 953.00 | 322.00 | -7 706.54 | -4 253.24 |
EBIT | - 453.00 | -3 343.00 | -5 418.00 | -9 154.72 | -5 826.37 |
Net earnings | - 377.00 | -2 598.00 | -4 567.00 | -8 498.64 | -4 623.36 |
Shareholders equity total | 21 449.00 | 18 852.00 | 29 885.00 | 70 550.94 | 65 927.58 |
Balance sheet total (assets) | 24 835.00 | 34 934.00 | 82 393.00 | 79 635.86 | 75 681.34 |
Net debt | 2 572.00 | 13 990.00 | 42 665.00 | -1 632.55 | - 395.28 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.8 % | -11.2 % | -9.2 % | -11.3 % | -7.5 % |
ROE | -1.7 % | -12.9 % | -18.7 % | -16.9 % | -6.8 % |
ROI | -1.9 % | -11.4 % | -9.7 % | -12.0 % | -7.8 % |
Economic value added (EVA) | - 570.97 | -2 738.32 | -4 135.07 | -7 683.54 | -7 229.19 |
Solvency | |||||
Equity ratio | 86.4 % | 54.0 % | 36.3 % | 88.6 % | 87.1 % |
Gearing | 12.5 % | 78.1 % | 148.2 % | 0.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.2 | 0.1 | 2.9 | 3.7 |
Current ratio | 0.1 | 0.2 | 0.1 | 3.0 | 3.9 |
Cash and cash equivalents | 111.00 | 737.00 | 1 615.00 | 1 632.55 | 396.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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