HELMHOLT ELEKTRONIK A/S — Credit Rating and Financial Key Figures

CVR number: 20204192
Farvervej 2-4, 7600 Struer
tel: 96840611

Company information

Official name
HELMHOLT ELEKTRONIK A/S
Personnel
9 persons
Established
1997
Company form
Limited company
Industry

About HELMHOLT ELEKTRONIK A/S

HELMHOLT ELEKTRONIK A/S (CVR number: 20204192) is a company from STRUER. The company recorded a gross profit of 3690.6 kDKK in 2024. The operating profit was 1240 kDKK, while net earnings were 844.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good but Return on Equity (ROE) was 23.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.3 %, 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. HELMHOLT ELEKTRONIK A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 391.583 517.473 342.543 701.423 690.57
EBIT464.32388.65260.44907.011 240.04
Net earnings295.19259.5586.75543.32844.74
Shareholders equity total2 482.232 741.782 828.533 371.863 716.60
Balance sheet total (assets)11 284.2712 083.8212 724.2012 852.5411 894.04
Net debt5 633.276 315.817 478.477 088.615 765.43
Profitability
EBIT-%
ROA5.5 %4.5 %3.3 %8.4 %11.3 %
ROE12.6 %9.9 %3.1 %17.5 %23.8 %
ROI6.6 %5.7 %4.0 %10.0 %13.6 %
Economic value added (EVA)- 125.30-95.64- 270.92172.64424.49
Solvency
Equity ratio22.0 %22.7 %22.3 %26.4 %31.3 %
Gearing227.8 %230.8 %264.5 %210.4 %155.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.50.50.5
Current ratio0.80.80.90.91.0
Cash and cash equivalents21.5511.723.195.004.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:11.3%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.3%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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