HERNING GRADER SERVICE ApS — Credit Rating and Financial Key Figures

CVR number: 31618908
Lundgårdvej 4, 6900 Skjern

Credit rating

Company information

Official name
HERNING GRADER SERVICE ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry
  • Expand more icon42Civil engineering

About HERNING GRADER SERVICE ApS

HERNING GRADER SERVICE ApS (CVR number: 31618908) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 884.8 kDKK in 2023. The operating profit was 271.2 kDKK, while net earnings were 209 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.7 %, which can be considered excellent and Return on Equity (ROE) was 37.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HERNING GRADER SERVICE ApS's liquidity measured by quick ratio was 1.6 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 profit802.02861.15924.12896.66884.83
EBIT51.9271.56128.8461.15271.18
Net earnings24.9741.9388.4738.21209.01
Shareholders equity total699.40691.33694.79603.00509.01
Balance sheet total (assets)1 659.441 517.021 376.371 010.681 021.87
Net debt540.69298.0867.67- 157.91- 211.86
Profitability
EBIT-%
ROA3.0 %4.5 %8.9 %5.1 %26.7 %
ROE3.5 %6.0 %12.8 %5.9 %37.6 %
ROI3.3 %5.1 %10.4 %6.4 %35.1 %
Economic value added (EVA)-29.421.9059.0917.31195.34
Solvency
Equity ratio42.1 %45.6 %50.5 %59.7 %49.8 %
Gearing108.1 %83.9 %58.0 %23.2 %46.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.51.81.81.6
Current ratio1.31.51.81.81.6
Cash and cash equivalents215.16282.25335.17297.67449.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBA

Variable visualization

ROA:26.7%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.8%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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