HERNING FOLKEBLAD (VESTJYLLAND) A/S — Credit Rating and Financial Key Figures

CVR number: 44662116
Østergade 21, 7400 Herning
hf@herningfolkeblad.dk
tel: 96263700
www.mediehusenemidtjylland.dk

Credit rating

Company information

Official name
HERNING FOLKEBLAD (VESTJYLLAND) A/S
Personnel
227 persons
Established
1957
Company form
Limited company
Industry
  • Expand more icon58Publishing activities

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit95 822.00124 505.00144 755.00127 878.00157 883.01
EBIT-4 800.00-5 604.008 908.00-20 086.00-3 264.88
Net earnings-11 155.00-5 502.001 537.00-18 915.003 341.89
Shareholders equity total134 338.00114 369.00117 410.70
Balance sheet total (assets)202 396.00207 947.00231 605.00214 346.00182 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 %
ROE2.3 %-15.3 %2.9 %
ROI-2.4 %-2.7 %7.8 %-12.4 %3.3 %
Economic value added (EVA)-5 173.33-5 493.187 497.89-17 730.15-2 338.60
Solvency
Equity ratio63.0 %58.5 %71.7 %
Gearing28.1 %31.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.82.4
Current ratio1.71.51.7
Cash and cash equivalents134 129.00112 852.0082 566.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBAAAAAA

Variable visualization

ROA:2.21%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.7%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer
Board member

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