ERHVERVSINVESTERING HIMMERLAND K/S V/SPAREKASSEN HIMMERLAND — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERHVERVSINVESTERING HIMMERLAND K/S V/SPAREKASSEN HIMMERLAND
ERHVERVSINVESTERING HIMMERLAND K/S V/SPAREKASSEN HIMMERLAND (CVR number: 11507336) is a company from VESTHIMMERLANDS. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a decline of -4.1 % compared to the previous year. The operating profit percentage was at 36.9 % (EBIT: 0.1 mDKK), while net earnings were 117.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 3.4 %, which can be considered weak. 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. ERHVERVSINVESTERING HIMMERLAND K/S V/SPAREKASSEN HIMMERLAND'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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 347.56 | 309.16 | 330.65 | 317.00 |
Gross profit | 303.00 | 257.72 | 115.16 | 117.09 |
EBIT | 150.24 | -83.78 | 115.16 | 117.09 |
Net earnings | 140.16 | -86.02 | 112.98 | 117.32 |
Shareholders equity total | 3 357.15 | 3 271.13 | 3 384.11 | 3 501.42 |
Balance sheet total (assets) | 4 077.91 | 3 891.89 | 3 960.81 | 4 093.10 |
Net debt | - 253.95 | - 278.55 | - 253.60 | - 579.57 |
Profitability | ||||
EBIT-% | 43.2 % | -27.1 % | 34.8 % | 36.9 % |
ROA | 3.8 % | -2.1 % | 2.9 % | 2.9 % |
ROE | 4.2 % | -2.6 % | 3.4 % | 3.4 % |
ROI | 4.1 % | -2.3 % | 3.1 % | 3.1 % |
Economic value added (EVA) | 150.24 | - 366.34 | - 161.85 | - 166.85 |
Solvency | ||||
Equity ratio | 82.3 % | 84.0 % | 85.4 % | 85.5 % |
Gearing | ||||
Relative net indebtedness % | 19.2 % | -18.7 % | -23.3 % | -122.4 % |
Liquidity | ||||
Quick ratio | 1.5 | 2.2 | 3.2 | 3.6 |
Current ratio | 1.5 | 2.2 | 3.2 | 3.6 |
Cash and cash equivalents | 253.95 | 278.55 | 253.60 | 579.57 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | 45.2 % | 82.8 % | 116.2 % | 158.2 % |
Credit risk | ||||
Credit rating | A | BBB | A | A |
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