FLH Herning ApS — Credit Rating and Financial Key Figures

CVR number: 29174334
Præstehaven 20 B, Gjellerup 7400 Herning

Company information

Official name
FLH Herning ApS
Established
2005
Domicile
Gjellerup
Company form
Private limited company
Industry

About FLH Herning ApS

FLH Herning ApS (CVR number: 29174334) is a company from HERNING. The company recorded a gross profit of -7.8 kDKK in 2023. The operating profit was -7.8 kDKK, while net earnings were 286.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent but Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FLH Herning ApS's liquidity measured by quick ratio was 23.1 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 profit-7.21- 446.71-13.66-16.80-7.78
EBIT-7.21- 446.71-13.66-16.80-7.78
Net earnings13 063.7732 165.863 881.618 073.71286.76
Shareholders equity total27 397.3125 563.165 880.5011 554.213 840.97
Balance sheet total (assets)27 430.0125 611.066 171.8411 569.213 929.56
Net debt-3 500.42-2 784.23-2 726.40-8 503.32-1 103.56
Profitability
EBIT-%
ROA45.3 %122.6 %29.0 %91.8 %5.4 %
ROE45.3 %121.5 %24.7 %92.6 %3.7 %
ROI45.4 %122.8 %29.3 %93.4 %5.4 %
Economic value added (EVA)- 587.29-1 508.19-1 105.94- 124.91- 108.41
Solvency
Equity ratio99.9 %99.8 %95.3 %99.9 %97.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio348.9201.513.0645.823.1
Current ratio348.9201.513.0645.823.1
Cash and cash equivalents3 500.422 784.232 726.408 503.321 103.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:5.39%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.7%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Board member

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