HERNING RENS A/S — Credit Rating and Financial Key Figures

CVR number: 35385983
Ålykkevej 5, 7400 Herning

Credit rating

Company information

Official name
HERNING RENS A/S
Established
2013
Company form
Limited company
Industry

About HERNING RENS A/S

HERNING RENS A/S (CVR number: 35385983) is a company from HERNING. The company reported a net sales of 48.7 mDKK in 2024, demonstrating a growth of 17.3 % compared to the previous year. The operating profit percentage was at 5.2 % (EBIT: 2.5 mDKK), while net earnings were 1720 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 82.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HERNING RENS A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales36.2252.6942.0141.5048.69
Gross profit-0.4515.05-4.07-1.254.22
EBIT-1.3114.19-4.98-2.692.52
Net earnings-1.3314.36-5.06-3.071.72
Shareholders equity total173.62187.98182.92179.85181.57
Balance sheet total (assets)184.52197.41198.21211.29219.37
Net debt-0.86-0.273.149.3323.36
Profitability
EBIT-%-3.6 %26.9 %-11.9 %-6.5 %5.2 %
ROA-0.7 %7.4 %-2.5 %-1.3 %1.2 %
ROE-0.8 %7.9 %-2.7 %-1.7 %1.0 %
ROI-0.7 %7.6 %-2.6 %-1.3 %1.3 %
Economic value added (EVA)-10.235.20-14.62-12.21-7.70
Solvency
Equity ratio94.1 %95.2 %92.3 %84.8 %82.8 %
Gearing3.1 %2.0 %3.6 %12.6 %18.3 %
Relative net indebtedness %13.0 %10.2 %28.4 %43.8 %57.3 %
Liquidity
Quick ratio1.21.11.11.01.0
Current ratio1.21.11.11.01.0
Cash and cash equivalents6.184.083.3713.269.90
Capital use efficiency
Trade debtors turnover (days)4.15.95.94.31.3
Net working capital %6.0 %2.2 %2.5 %-0.3 %-1.2 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:1.25%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.8%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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