HELGE FRANK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HELGE FRANK ApS
HELGE FRANK ApS (CVR number: 28977050) is a company from VIBORG. The company recorded a gross profit of 178.6 kDKK in 2023. The operating profit was 68.6 kDKK, while net earnings were 2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 45.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HELGE FRANK ApS's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 228.00 | ||||
Gross profit | 172.09 | 77.92 | 184.46 | 183.83 | 178.64 |
EBIT | 72.09 | -22.08 | 84.46 | 83.83 | 68.64 |
Net earnings | -7.68 | -77.83 | -3.27 | 9.89 | 1.95 |
Shareholders equity total | 2 227.80 | 1 779.96 | 1 663.70 | 1 559.19 | 1 443.35 |
Balance sheet total (assets) | 4 143.75 | 3 708.20 | 3 478.26 | 3 325.44 | 3 193.03 |
Net debt | 33.80 | 453.94 | 595.75 | 666.34 | 713.47 |
Profitability | |||||
EBIT-% | 31.6 % | ||||
ROA | 1.7 % | -0.6 % | 2.4 % | 2.5 % | 2.1 % |
ROE | -0.3 % | -3.9 % | -0.2 % | 0.6 % | 0.1 % |
ROI | 1.8 % | -0.6 % | 2.5 % | 2.7 % | 2.4 % |
Economic value added (EVA) | -39.01 | - 127.76 | -22.56 | -44.58 | -39.31 |
Solvency | |||||
Equity ratio | 53.8 % | 48.0 % | 47.8 % | 46.9 % | 45.3 % |
Gearing | 74.3 % | 92.3 % | 93.2 % | 95.9 % | 98.7 % |
Relative net indebtedness % | 123.8 % | ||||
Liquidity | |||||
Quick ratio | 5.3 | 3.1 | 2.9 | 2.4 | 1.9 |
Current ratio | 5.3 | 3.1 | 2.9 | 2.4 | 1.8 |
Cash and cash equivalents | 1 621.75 | 1 188.20 | 954.26 | 829.24 | 710.39 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 580.6 % | ||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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