HERNING FOLKEBLAD (VESTJYLLAND) A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HERNING FOLKEBLAD (VESTJYLLAND) A/S
HERNING FOLKEBLAD (VESTJYLLAND) A/S (CVR number: 44662116K) is a company from HERNING. The company recorded a gross profit of 157.9 mDKK in 2023. The operating profit was -3264.9 kDKK, while net earnings were 3341.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 71.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HERNING FOLKEBLAD (VESTJYLLAND) 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 95 822.00 | 124 505.00 | 144 755.00 | 127 878.00 | 157 883.01 |
EBIT | -4 800.00 | -5 604.00 | 8 908.00 | -20 086.00 | -3 264.88 |
Net earnings | -11 155.00 | -5 502.00 | 1 537.00 | -18 915.00 | 3 341.89 |
Shareholders equity total | 134 338.00 | 114 369.00 | 117 410.70 | ||
Balance sheet total (assets) | 202 396.00 | 207 947.00 | 231 605.00 | 214 346.00 | 182 266.86 |
Net debt | -96 360.00 | -76 432.00 | -82 566.88 | ||
Profitability | |||||
EBIT-% | |||||
ROA | -2.4 % | -2.7 % | 6.7 % | -9.0 % | 2.2 % |
ROE | 2.3 % | -15.3 % | 2.9 % | ||
ROI | -2.4 % | -2.7 % | 7.8 % | -12.4 % | 3.3 % |
Economic value added (EVA) | -5 173.33 | -5 493.18 | 7 497.89 | -17 730.15 | -2 338.60 |
Solvency | |||||
Equity ratio | 63.0 % | 58.5 % | 71.7 % | ||
Gearing | 28.1 % | 31.8 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 1.8 | 2.4 | ||
Current ratio | 1.7 | 1.5 | 1.7 | ||
Cash and cash equivalents | 134 129.00 | 112 852.00 | 82 566.88 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | AAA | A | AA |
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