HELGE MUNK HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 20005181
Sivlandvænget 3, Hjallese 5260 Odense S
tel: 20801404

Company information

Official name
HELGE MUNK HOLDING ApS
Personnel
2 persons
Established
1997
Domicile
Hjallese
Company form
Private limited company
Industry

About HELGE MUNK HOLDING ApS

HELGE MUNK HOLDING ApS (CVR number: 20005181) is a company from ODENSE. The company recorded a gross profit of -351.7 kDKK in 2023. The operating profit was -1054.1 kDKK, while net earnings were -1402.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor and Return on Equity (ROE) was -3.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HELGE MUNK HOLDING ApS's liquidity measured by quick ratio was 5.2 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 sales
Gross profit15.07- 850.99- 502.07- 473.46- 351.70
EBIT-2 106.02-2 239.05-1 942.22-1 299.64-1 054.09
Net earnings1 530.98-5 303.43-9 848.71-4 235.31-1 402.22
Shareholders equity total42 650.0636 846.6344 223.6338 788.3137 386.10
Balance sheet total (assets)52 839.3449 659.9461 416.8840 482.7839 544.29
Net debt-21 777.95-20 534.29-17 639.57-3 552.73-1 726.76
Profitability
EBIT-%
ROA4.1 %-9.7 %-8.1 %-4.9 %-0.9 %
ROE3.6 %-13.3 %-24.3 %-10.2 %-3.7 %
ROI4.2 %-9.9 %-8.2 %-4.9 %-0.9 %
Economic value added (EVA)-1 814.27-2 264.96-1 416.09-1 008.04-1 990.57
Solvency
Equity ratio80.7 %74.2 %72.0 %95.8 %94.5 %
Gearing19.0 %30.8 %37.4 %3.9 %5.4 %
Relative net indebtedness %
Liquidity
Quick ratio4.13.02.47.35.2
Current ratio4.13.02.47.35.2
Cash and cash equivalents29 861.2531 896.1034 190.445 082.733 749.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBA

Variable visualization

ROA:-0.86%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.5%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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