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HERNING HÅNDVÆRKERFORENINGS STIFTELSE — Credit Rating and Financial Key Figures

CVR number: 11620078
Gl. Landevej 133, 7400 Herning
tel: 26712394
Free credit report Annual report

Company information

Official name
HERNING HÅNDVÆRKERFORENINGS STIFTELSE
Established
1901
Industry

About HERNING HÅNDVÆRKERFORENINGS STIFTELSE

HERNING HÅNDVÆRKERFORENINGS STIFTELSE (CVR number: 11620078) is a company from HERNING. The company recorded a gross profit of 296.8 kDKK in 2025. The operating profit was 114.8 kDKK, while net earnings were 77.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 58.1 %, 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 HÅNDVÆRKERFORENINGS STIFTELSE's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit553.56537.32534.20549.56296.82
EBIT371.51355.27352.14367.51114.76
Net earnings282.79273.81275.77285.7277.12
Shareholders equity total2 696.902 970.703 246.483 532.194 093.96
Balance sheet total (assets)7 574.617 411.197 214.367 043.307 043.00
Net debt4 330.083 865.443 419.542 936.742 249.78
Profitability
EBIT-%
ROA6.4 %6.4 %6.6 %7.1 %3.6 %
ROE11.1 %9.7 %8.9 %8.4 %2.0 %
ROI6.6 %6.5 %6.7 %7.2 %3.7 %
Economic value added (EVA)- 120.46- 124.78- 117.60-97.14- 255.52
Solvency
Equity ratio35.6 %40.1 %45.0 %50.1 %58.1 %
Gearing169.6 %138.7 %112.5 %89.9 %65.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.40.40.7
Current ratio0.40.40.40.40.7
Cash and cash equivalents244.72253.75232.91237.51434.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.65%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:58.1%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
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Graph failed to load

Roles

Board member
Chairman of the board
Board member
Board member

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