HELGE FRANK ApS — Credit Rating and Financial Key Figures

CVR number: 28977050
Skibdalvej 19, Lindum 8830 Tjele

Credit rating

Company information

Official name
HELGE FRANK ApS
Personnel
2 persons
Established
2005
Domicile
Lindum
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales228.00
Gross profit172.0977.92184.46183.83178.64
EBIT72.09-22.0884.4683.8368.64
Net earnings-7.68-77.83-3.279.891.95
Shareholders equity total2 227.801 779.961 663.701 559.191 443.35
Balance sheet total (assets)4 143.753 708.203 478.263 325.443 193.03
Net debt33.80453.94595.75666.34713.47
Profitability
EBIT-%31.6 %
ROA1.7 %-0.6 %2.4 %2.5 %2.1 %
ROE-0.3 %-3.9 %-0.2 %0.6 %0.1 %
ROI1.8 %-0.6 %2.5 %2.7 %2.4 %
Economic value added (EVA)-39.01- 127.76-22.56-44.58-39.31
Solvency
Equity ratio53.8 %48.0 %47.8 %46.9 %45.3 %
Gearing74.3 %92.3 %93.2 %95.9 %98.7 %
Relative net indebtedness %123.8 %
Liquidity
Quick ratio5.33.12.92.41.9
Current ratio5.33.12.92.41.8
Cash and cash equivalents1 621.751 188.20954.26829.24710.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %580.6 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.14%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.3%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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