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 167 mDKK in 2024. The operating profit was -5076.1 kDKK, while net earnings were -1547.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.5 %, which can be considered poor and Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.4 %, 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 2.8 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 124 505.00 | 144 755.00 | 127 878.00 | 157 883.00 | 166 957.63 |
| EBIT | -5 604.00 | 8 908.00 | -20 086.00 | -3 265.00 | -5 076.05 |
| Net earnings | -5 502.00 | 1 537.00 | -18 915.00 | 3 342.00 | -1 547.32 |
| Shareholders equity total | 134 338.00 | 114 369.00 | 117 411.00 | 115 563.38 | |
| Balance sheet total (assets) | 207 947.00 | 231 605.00 | 214 346.00 | 182 267.00 | 169 614.50 |
| Net debt | -96 360.00 | -76 432.00 | -82 568.00 | -72 431.67 | |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -2.7 % | 6.7 % | -9.0 % | 2.2 % | -1.5 % |
| ROE | 2.3 % | -15.3 % | 2.9 % | -1.3 % | |
| ROI | -2.7 % | 7.8 % | -12.4 % | 3.3 % | -2.2 % |
| Economic value added (EVA) | -5 493.18 | 7 497.89 | -26 761.83 | -10 176.94 | -9 503.90 |
| Solvency | |||||
| Equity ratio | 63.0 % | 58.5 % | 71.7 % | 76.4 % | |
| Gearing | 28.1 % | 31.8 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.0 | 1.8 | 2.4 | 2.8 | |
| Current ratio | 1.7 | 1.5 | 1.7 | 1.9 | |
| Cash and cash equivalents | 134 129.00 | 112 852.00 | 82 568.00 | 72 431.67 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | BBB | A | A |
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