Forsyning Helsingør Kronborg Elhandel A/S
Credit rating
Company information
About Forsyning Helsingør Kronborg Elhandel A/S
Forsyning Helsingør Kronborg Elhandel A/S (CVR number: 36057831) is a company from HELSINGØR. The company reported a net sales of 34.8 mDKK in 2023, demonstrating a decline of -56.3 % compared to the previous year. The operating profit percentage was at 5.9 % (EBIT: 2.1 mDKK), while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent but Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.4 %, 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. Forsyning Helsingør Kronborg Elhandel A/S's liquidity measured by quick ratio was 1.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 21.52 | 16.84 | 41.91 | 79.63 | 34.82 |
Gross profit | 21.52 | 16.84 | 4.61 | 1.84 | 2.06 |
EBIT | 1.08 | 2.05 | 1.73 | 1.84 | 2.06 |
Net earnings | 1.33 | 1.36 | |||
Shareholders equity total | 10.36 | 6.72 | 7.89 | 11.06 | 11.75 |
Balance sheet total (assets) | 28.91 | 46.06 | 44.77 | 43.94 | 35.17 |
Net debt | 3.94 | -17.18 | -1.77 | ||
Profitability | |||||
EBIT-% | 5.0 % | 12.2 % | 4.1 % | 2.3 % | 5.9 % |
ROA | 3.6 % | 5.5 % | 3.8 % | 4.4 % | 7.0 % |
ROE | 13.7 % | 16.0 % | |||
ROI | 3.6 % | 5.5 % | 4.5 % | 6.8 % | 9.9 % |
Economic value added (EVA) | 0.63 | 1.53 | 0.89 | 1.90 | 2.49 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 17.6 % | 31.9 % | 33.4 % |
Gearing | 300.2 % | 130.2 % | 156.5 % | ||
Relative net indebtedness % | 40.8 % | 1.6 % | 9.3 % | ||
Liquidity | |||||
Quick ratio | 1.2 | 1.9 | 1.5 | ||
Current ratio | 1.2 | 1.3 | 1.5 | ||
Cash and cash equivalents | 19.76 | 31.58 | 20.17 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 214.8 | 54.7 | 151.6 | ||
Net working capital % | 18.8 % | 13.9 % | 33.8 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BB | B | BB |
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