FORSYNING HELSINGØR A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FORSYNING HELSINGØR A/S
FORSYNING HELSINGØR A/S (CVR number: 32059325K) is a company from HELSINGØR. The company reported a net sales of 713.9 mDKK in 2024, demonstrating a growth of 13.9 % compared to the previous year. The operating profit percentage was at 9.3 % (EBIT: 66.2 mDKK), while net earnings were 54 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak and Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 51 %, 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. FORSYNING HELSINGØR A/S's liquidity measured by quick ratio was 2.4 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 502.83 | 538.28 | 619.81 | 627.04 | 713.90 |
Gross profit | 502.83 | 266.18 | 234.67 | 220.99 | 279.09 |
EBIT | 40.20 | 39.11 | 20.99 | 17.15 | 66.24 |
Net earnings | 9.52 | 9.40 | 9.51 | 11.66 | 54.03 |
Shareholders equity total | 2 382.53 | 2 391.93 | 2 404.42 | 2 415.41 | 2 469.44 |
Balance sheet total (assets) | 4 597.13 | 4 512.61 | 4 574.83 | 4 625.54 | 4 840.12 |
Net debt | 1 059.85 | 992.04 | 1 139.61 | 1 093.76 | |
Profitability | |||||
EBIT-% | 8.0 % | 7.3 % | 3.4 % | 2.7 % | 9.3 % |
ROA | 0.8 % | 0.8 % | 0.6 % | 0.7 % | 1.9 % |
ROE | 0.4 % | 0.4 % | 0.4 % | 0.5 % | 2.2 % |
ROI | 0.8 % | 0.9 % | 0.7 % | 0.8 % | 2.1 % |
Economic value added (EVA) | -95.08 | -93.28 | - 172.61 | - 178.12 | - 139.66 |
Solvency | |||||
Equity ratio | 100.0 % | 53.0 % | 52.8 % | 52.3 % | 51.0 % |
Gearing | 56.9 % | 55.7 % | 56.0 % | 59.6 % | |
Relative net indebtedness % | 323.1 % | 281.8 % | 306.7 % | 266.2 % | |
Liquidity | |||||
Quick ratio | 0.9 | 0.9 | 1.6 | 2.4 | |
Current ratio | 0.9 | 0.9 | 1.6 | 2.4 | |
Cash and cash equivalents | 302.25 | 347.39 | 212.10 | 378.46 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 52.9 | 38.0 | 46.2 | 29.1 | |
Net working capital % | -14.4 % | -10.2 % | 33.3 % | 45.3 % | |
Credit risk | |||||
Credit rating | BBB | AA | AA | AAA | AAA |
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