HELMER CHRISTIANSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 41 277.97 | 42 133.18 | 35 781.93 | 33 291.99 | 25 573.53 |
Gross profit | 15 592.38 | 13 414.61 | 14 422.59 | 13 384.84 | 11 097.59 |
EBIT | 3 106.57 | 586.61 | 1 899.27 | 958.50 | - 260.88 |
Net earnings | 2 447.87 | 550.36 | 1 489.20 | 604.39 | - 688.24 |
Shareholders equity total | 8 174.49 | 6 524.86 | 5 514.06 | 1 104.39 | 416.15 |
Balance sheet total (assets) | 15 375.89 | 15 304.28 | 10 767.82 | 11 746.40 | 16 510.41 |
Net debt | -4 223.17 | -2 379.36 | - 467.22 | 4 773.82 | 9 107.26 |
Profitability | |||||
EBIT-% | 7.5 % | 1.4 % | 5.3 % | 2.9 % | -1.0 % |
ROA | 24.0 % | 5.2 % | 15.6 % | 9.0 % | -1.8 % |
ROE | 35.2 % | 7.5 % | 24.7 % | 18.3 % | -90.5 % |
ROI | 40.5 % | 9.0 % | 28.9 % | 17.5 % | -3.4 % |
Economic value added (EVA) | 2 087.78 | 301.22 | 1 301.11 | 485.46 | - 261.43 |
Solvency | |||||
Equity ratio | 53.2 % | 46.1 % | 51.5 % | 38.8 % | 23.9 % |
Gearing | 2.0 % | 11.6 % | 0.6 % | 432.4 % | 2188.7 % |
Relative net indebtedness % | 6.7 % | 13.2 % | 13.2 % | 31.8 % | 62.7 % |
Liquidity | |||||
Quick ratio | 2.8 | 2.3 | 2.5 | 1.7 | 1.3 |
Current ratio | 2.8 | 2.0 | 2.4 | 1.6 | 1.3 |
Cash and cash equivalents | 4 384.52 | 3 133.66 | 498.33 | 1.10 | 1.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 32.7 | 41.2 | 52.1 | 60.1 | 175.6 |
Net working capital % | 23.5 % | 17.7 % | 16.8 % | 12.3 % | 13.6 % |
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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