HELMER CHRISTIANSEN A/S — Credit Rating and Financial Key Figures

CVR number: 17351680
Snedkergangen 6, 2690 Karlslunde
tel: 46153931

Credit rating

Company information

Official name
HELMER CHRISTIANSEN A/S
Personnel
22 persons
Established
1993
Company form
Limited company
Industry

About HELMER CHRISTIANSEN A/S

HELMER CHRISTIANSEN A/S (CVR number: 17351680) is a company from GREVE. The company reported a net sales of 25.6 mDKK in 2023, demonstrating a decline of -23.2 % compared to the previous year. The operating profit percentage was poor at -1 % (EBIT: -0.3 mDKK), while net earnings were -688.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor and Return on Equity (ROE) was -90.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HELMER CHRISTIANSEN A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales41 277.9742 133.1835 781.9333 291.9925 573.53
Gross profit15 592.3813 414.6114 422.5913 384.8411 097.59
EBIT3 106.57586.611 899.27958.50- 260.88
Net earnings2 447.87550.361 489.20604.39- 688.24
Shareholders equity total8 174.496 524.865 514.061 104.39416.15
Balance sheet total (assets)15 375.8915 304.2810 767.8211 746.4016 510.41
Net debt-4 223.17-2 379.36- 467.224 773.829 107.26
Profitability
EBIT-%7.5 %1.4 %5.3 %2.9 %-1.0 %
ROA24.0 %5.2 %15.6 %9.0 %-1.8 %
ROE35.2 %7.5 %24.7 %18.3 %-90.5 %
ROI40.5 %9.0 %28.9 %17.5 %-3.4 %
Economic value added (EVA)2 087.78301.221 301.11485.46- 261.43
Solvency
Equity ratio53.2 %46.1 %51.5 %38.8 %23.9 %
Gearing2.0 %11.6 %0.6 %432.4 %2188.7 %
Relative net indebtedness %6.7 %13.2 %13.2 %31.8 %62.7 %
Liquidity
Quick ratio2.82.32.51.71.3
Current ratio2.82.02.41.61.3
Cash and cash equivalents4 384.523 133.66498.331.101.10
Capital use efficiency
Trade debtors turnover (days)32.741.252.160.1175.6
Net working capital %23.5 %17.7 %16.8 %12.3 %13.6 %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-1.84%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.9%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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