ADVOKATFIRMAET HELBING A/S — Credit Rating and Financial Key Figures

CVR number: 32473180
Hunderupvej 59, 5000 Odense C
info@helbing.dk
tel: 66125167

Credit rating

Company information

Official name
ADVOKATFIRMAET HELBING A/S
Personnel
7 persons
Established
2009
Company form
Limited company
Industry

About ADVOKATFIRMAET HELBING A/S

ADVOKATFIRMAET HELBING A/S (CVR number: 32473180) is a company from ODENSE. The company recorded a gross profit of 4515.9 kDKK in 2023. The operating profit was 201.1 kDKK, while net earnings were 160 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was 13 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 24.6 %, 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. ADVOKATFIRMAET HELBING 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit8 159.305 337.285 356.824 930.484 515.93
EBIT3 205.211 965.89562.25126.14201.06
Net earnings2 463.421 497.90436.0890.35160.00
Shareholders equity total3 969.473 604.371 540.451 194.801 264.45
Balance sheet total (assets)8 441.947 962.105 466.165 388.585 133.68
Net debt-2 997.98438.042 480.043 165.862 608.59
Profitability
EBIT-%
ROA52.0 %24.6 %9.3 %3.4 %5.3 %
ROE74.5 %39.6 %17.0 %6.6 %13.0 %
ROI64.8 %29.4 %11.2 %4.1 %6.4 %
Economic value added (EVA)2 411.101 481.51236.14- 103.08-27.61
Solvency
Equity ratio47.0 %45.3 %28.2 %22.2 %24.6 %
Gearing74.7 %77.9 %172.2 %265.0 %206.7 %
Relative net indebtedness %
Liquidity
Quick ratio4.24.23.12.32.4
Current ratio4.24.23.12.32.4
Cash and cash equivalents5 963.612 370.19171.980.155.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:5.28%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.6%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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