Herning Ejendomsudvikling ApS — Credit Rating and Financial Key Figures

CVR number: 38980025
Vestergade 64 C, 7400 Herning
jesper@blicheras.dk
tel: 23965466

Credit rating

Company information

Official name
Herning Ejendomsudvikling ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon681100

About Herning Ejendomsudvikling ApS

Herning Ejendomsudvikling ApS (CVR number: 38980025) is a company from HERNING. The company recorded a gross profit of 1052.4 kDKK in 2024. The operating profit was 1052.4 kDKK, while net earnings were 286.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 32 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Herning Ejendomsudvikling ApS's liquidity measured by quick ratio was 2.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit897.75968.731 011.57992.691 052.44
EBIT1 901.812 348.73264.47- 707.311 052.44
Net earnings1 251.431 578.481 526.25-1 024.77286.33
Shareholders equity total7 045.218 623.6910 149.949 125.179 411.50
Balance sheet total (assets)22 357.3423 808.9130 338.3429 125.6029 450.30
Net debt12 745.5212 077.4916 806.0717 858.1517 858.30
Profitability
EBIT-%
ROA9.1 %10.3 %9.5 %-2.2 %3.6 %
ROE19.5 %20.1 %16.3 %-10.6 %3.1 %
ROI9.2 %10.5 %9.7 %-2.2 %3.6 %
Economic value added (EVA)666.22970.26- 714.45-1 804.53- 382.19
Solvency
Equity ratio31.5 %36.2 %33.5 %31.3 %32.0 %
Gearing185.7 %144.7 %169.4 %195.8 %190.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.12.82.52.5
Current ratio0.10.12.82.52.5
Cash and cash equivalents334.39405.05383.2412.0436.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:3.59%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.0%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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