'HELGE LARSEN HOLDING A/S' — Credit Rating and Financial Key Figures

CVR number: 10139090
Torvet 1, 4100 Ringsted

Company information

Official name
'HELGE LARSEN HOLDING A/S'
Established
1986
Company form
Limited company
Industry

About 'HELGE LARSEN HOLDING A/S'

'HELGE LARSEN HOLDING A/S' (CVR number: 10139090) is a company from RINGSTED. The company recorded a gross profit of -21.9 kDKK in 2022. The operating profit was -21.9 kDKK, while net earnings were -70.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -56.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -91.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. 'HELGE LARSEN HOLDING A/S''s liquidity measured by quick ratio was 0.7 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit-16.50-20.63-27.25-21.88-21.88
EBIT-16.50-20.63-27.25-21.88-21.88
Net earnings-1 219.04- 684.97- 741.981 361.46-70.13
Shareholders equity total-1 288.87-1 973.84-2 715.82-1 354.35-1 424.49
Balance sheet total (assets)3 181.832 689.562 154.42122.31126.22
Net debt161.724 646.894 848.361 293.081 367.11
Profitability
EBIT-%
ROA-24.1 %-12.2 %-12.8 %46.1 %-1.2 %
ROE-32.9 %-23.3 %-30.6 %119.6 %-56.4 %
ROI-651.9 %-23.1 %-12.8 %47.6 %-1.4 %
Economic value added (EVA)205.84208.56210.95223.2546.18
Solvency
Equity ratio-28.8 %-42.3 %-55.8 %-91.7 %-91.9 %
Gearing-12.5 %-235.4 %-178.5 %-95.5 %-96.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.50.70.7
Current ratio0.00.50.70.7
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-1.19%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-91.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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