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: 44662116) is a company from HERNING. The company recorded a gross profit of 49 mDKK in 2023. The operating profit was 3620.2 kDKK, while net earnings were 3341.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, 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 72.4 %, 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 1.7 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
202120222023
Volume
Net sales
Gross profit65 832.0048 861.0048 979.15
EBIT15 101.00-3 048.003 620.22
Net earnings1 508.00-18 915.003 341.89
Shareholders equity total133 633.00114 369.00117 410.70
Balance sheet total (assets)220 397.00215 838.00169 724.03
Net debt-61 610.00-41 726.00-51 299.61
Profitability
EBIT-%
ROA7.5 %-8.2 %2.9 %
ROE1.1 %-15.3 %2.9 %
ROI8.8 %-9.7 %3.5 %
Economic value added (EVA)9 968.24-1 994.424 832.91
Solvency
Equity ratio62.7 %54.8 %72.4 %
Gearing40.1 %59.2 %15.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.31.7
Current ratio1.41.21.5
Cash and cash equivalents115 194.00109 424.0068 862.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.92%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.4%
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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