HEIRING A/S — Credit Rating and Financial Key Figures

CVR number: 26365996
Gl. Viborgvej 2, 8920 Randers NV

Credit rating

Company information

Official name
HEIRING A/S
Personnel
7 persons
Established
2001
Company form
Limited company
Industry

About HEIRING A/S

HEIRING A/S (CVR number: 26365996) is a company from RANDERS. The company recorded a gross profit of 2039.5 kDKK in 2023. The operating profit was 113.5 kDKK, while net earnings were 83.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 91.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HEIRING A/S's liquidity measured by quick ratio was 2.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 152.053 379.142 852.522 629.002 039.49
EBIT1 825.901 275.78826.22353.00113.48
Net earnings1 372.02973.86617.81269.0083.66
Shareholders equity total5 954.946 278.806 396.626 365.006 149.05
Balance sheet total (assets)7 430.347 981.897 446.696 934.006 713.25
Net debt-1 793.86-2 817.71-2 368.79-1 720.00- 749.91
Profitability
EBIT-%
ROA23.1 %16.6 %10.7 %4.9 %1.7 %
ROE25.4 %15.9 %9.7 %4.2 %1.3 %
ROI31.3 %19.3 %12.4 %5.4 %1.8 %
Economic value added (EVA)1 319.74800.14477.9080.71- 143.77
Solvency
Equity ratio80.1 %78.7 %85.9 %91.8 %91.6 %
Gearing7.1 %3.9 %3.0 %1.9 %2.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.72.93.24.02.4
Current ratio5.45.37.011.811.6
Cash and cash equivalents2 215.343 063.002 561.811 839.00907.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:1.66%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.6%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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