FORSYNING HELSINGØR AFFALD A/S — Credit Rating and Financial Key Figures

CVR number: 32654177
Energivej 25, 3000 Helsingør
fh@fh.dk
tel: 48405055
www.fh.dk

Credit rating

Company information

Official name
FORSYNING HELSINGØR AFFALD A/S
Established
2009
Company form
Limited company
Industry
  • Expand more icon38Waste collection, treatment and disposal activities; materials recovery

About FORSYNING HELSINGØR AFFALD A/S

FORSYNING HELSINGØR AFFALD A/S (CVR number: 32654177) is a company from HELSINGØR. The company reported a net sales of 127.1 mDKK in 2023, demonstrating a growth of 19.8 % compared to the previous year. The operating profit percentage was at 0.6 % (EBIT: 0.8 mDKK), while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 3.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FORSYNING HELSINGØR AFFALD A/S's liquidity measured by quick ratio was 2.2 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales81.4486.9398.14106.17127.15
Gross profit81.4486.9338.4822.2514.36
EBIT0.390.641.452.040.81
Net earnings
Shareholders equity total7.507.507.507.507.50
Balance sheet total (assets)216.55239.50241.31
Net debt78.3691.34121.37
Profitability
EBIT-%0.5 %0.7 %1.5 %1.9 %0.6 %
ROA0.7 %1.0 %1.0 %
ROE
ROI0.8 %1.1 %1.2 %
Economic value added (EVA)0.010.271.08-1.48-3.71
Solvency
Equity ratio100.0 %100.0 %3.5 %3.1 %3.1 %
Gearing1711.9 %1855.7 %1911.2 %
Relative net indebtedness %162.0 %173.5 %166.6 %
Liquidity
Quick ratio2.21.82.2
Current ratio2.21.82.2
Cash and cash equivalents50.0347.8421.96
Capital use efficiency
Trade debtors turnover (days)5.64.47.0
Net working capital %33.0 %23.8 %23.1 %
Credit risk
Credit ratingBBAAA

Variable visualization

ROA:0.97%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.11%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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