HEIMDAL SECURITY A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HEIMDAL SECURITY A/S
HEIMDAL SECURITY A/S (CVR number: 35802495) is a company from KØBENHAVN. The company reported a net sales of 120.4 mDKK in 2024, demonstrating a growth of 18.4 % compared to the previous year. The operating profit percentage was poor at -15.6 % (EBIT: -18.8 mDKK), while net earnings were -28.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -5.1 %, which can be considered poor and Return on Equity (ROE) was -26.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -61.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HEIMDAL SECURITY A/S's liquidity measured by quick ratio was 0.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 61.87 | 84.91 | 101.71 | 120.39 | |
| Gross profit | 22.97 | -6.86 | -25.61 | -9.00 | 2.79 |
| EBIT | -29.70 | -40.12 | -54.64 | -37.36 | -18.83 |
| Net earnings | -30.07 | -40.31 | -56.84 | -41.79 | -28.25 |
| Shareholders equity total | -40.04 | -80.35 | - 137.19 | - 178.98 | - 207.23 |
| Balance sheet total (assets) | 61.99 | 86.04 | 117.78 | 85.62 | 127.70 |
| Net debt | 33.08 | 72.25 | 151.31 | 161.54 | 199.66 |
| Profitability | |||||
| EBIT-% | -64.8 % | -64.4 % | -36.7 % | -15.6 % | |
| ROA | -45.8 % | -29.9 % | -25.1 % | -11.3 % | -5.1 % |
| ROE | -74.9 % | -54.5 % | -40.5 % | -29.8 % | -26.5 % |
| ROI | -145.3 % | -65.3 % | -43.8 % | -17.9 % | -7.5 % |
| Economic value added (EVA) | -29.21 | -40.07 | -54.82 | -42.73 | -18.25 |
| Solvency | |||||
| Equity ratio | -39.2 % | -48.3 % | -41.4 % | -67.6 % | -61.9 % |
| Gearing | -97.4 % | -97.8 % | -115.5 % | -93.5 % | -117.0 % |
| Relative net indebtedness % | 258.8 % | 291.8 % | 254.4 % | 242.7 % | |
| Liquidity | |||||
| Quick ratio | 0.4 | 0.4 | 0.6 | 0.0 | 0.6 |
| Current ratio | 0.4 | 0.4 | 0.6 | 0.0 | 0.6 |
| Cash and cash equivalents | 5.92 | 6.30 | 7.21 | 5.86 | 42.73 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 90.4 | 59.2 | 48.8 | ||
| Net working capital % | -153.0 % | -87.1 % | -179.5 % | -66.4 % | |
| Credit risk | |||||
| Credit rating | BB | B | BB | B | BB |
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