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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 -2103.1 kDKK in 2025. The operating profit was -3896.5 kDKK, while net earnings were -3030.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.2 %, which can be considered poor and Return on Equity (ROE) was -4.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 85.5 %, 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 3.6 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 953.00 | 322.00 | -7 706.54 | -4 253.24 | -2 103.08 |
| EBIT | -3 343.00 | -5 418.00 | -9 154.72 | -5 826.37 | -3 896.49 |
| Net earnings | -2 598.00 | -4 567.00 | -8 498.64 | -4 623.36 | -3 030.40 |
| Shareholders equity total | 18 852.00 | 29 885.00 | 70 550.94 | 65 927.58 | 62 897.18 |
| Balance sheet total (assets) | 34 934.00 | 82 393.00 | 79 635.86 | 75 681.34 | 73 575.12 |
| Net debt | 13 990.00 | 42 665.00 | -1 632.55 | - 395.28 | -2 537.24 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -11.2 % | -9.2 % | -11.3 % | -7.5 % | -5.2 % |
| ROE | -12.9 % | -18.7 % | -16.9 % | -6.8 % | -4.7 % |
| ROI | -11.4 % | -9.7 % | -12.0 % | -7.8 % | -5.5 % |
| Economic value added (EVA) | -3 764.73 | -5 809.20 | -11 034.46 | -8 435.37 | -6 649.92 |
| Solvency | |||||
| Equity ratio | 54.0 % | 36.3 % | 88.6 % | 87.1 % | 85.5 % |
| Gearing | 78.1 % | 148.2 % | 0.0 % | 0.0 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.2 | 0.1 | 2.9 | 3.7 | 3.6 |
| Current ratio | 0.2 | 0.1 | 3.0 | 3.9 | 3.7 |
| Cash and cash equivalents | 737.00 | 1 615.00 | 1 632.55 | 396.07 | 2 538.04 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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