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PRAXIS HERNING A/S — Credit Rating and Financial Key Figures

CVR number: 18622130
Hammershusvej 16 I, 7400 Herning
adm@praxiswear.dk
tel: 97128282
www.praxiswear.dk
Free credit report Annual report

Credit rating

Company information

Official name
PRAXIS HERNING A/S
Personnel
11 persons
Established
1995
Company form
Limited company
Industry

About PRAXIS HERNING A/S

PRAXIS HERNING A/S (CVR number: 18622130) is a company from HERNING. The company recorded a gross profit of 7796.2 kDKK in 2025. The operating profit was 1594.4 kDKK, while net earnings were 1166.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.4 %, which can be considered excellent and Return on Equity (ROE) was 22.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.6 %, 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. PRAXIS HERNING 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit14 845.0210 655.709 213.789 845.337 796.25
EBIT9 321.335 119.653 517.524 512.181 594.37
Net earnings8 489.585 710.602 993.383 583.291 166.47
Shareholders equity total11 699.748 781.135 843.746 411.803 994.43
Balance sheet total (assets)14 206.2710 980.779 603.718 958.976 044.33
Net debt-6 339.63-2 109.56-2 258.68-1 484.12-1 013.79
Profitability
EBIT-%
ROA64.2 %54.7 %37.2 %49.5 %20.4 %
ROE68.7 %55.8 %40.9 %58.5 %22.4 %
ROI85.9 %66.5 %50.6 %71.5 %27.7 %
Economic value added (EVA)6 849.213 692.592 353.933 216.59882.48
Solvency
Equity ratio88.8 %86.3 %65.7 %74.6 %70.6 %
Gearing2.7 %5.0 %4.7 %8.4 %
Relative net indebtedness %
Liquidity
Quick ratio5.93.52.02.71.7
Current ratio5.04.02.43.42.9
Cash and cash equivalents6 339.632 342.842 548.591 786.221 348.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:20.4%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:70.6%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
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Roles

Board member

Companies in the same industry

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