Forsyning Helsingør Kronborg Gadelys A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Forsyning Helsingør Kronborg Gadelys A/S
Forsyning Helsingør Kronborg Gadelys A/S (CVR number: 37315605) is a company from HELSINGØR. The company reported a net sales of 12 mDKK in 2024, demonstrating a decline of -4.5 % compared to the previous year. The operating profit percentage was at 5.1 % (EBIT: 0.6 mDKK), while net earnings were 975 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak and Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 87.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Forsyning Helsingør Kronborg Gadelys A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 17 005.00 | 17 955.00 | 17 942.00 | 12 595.00 | 12 032.00 |
| Gross profit | 17 005.00 | 5 355.00 | 3 639.00 | 2 753.00 | 2 627.00 |
| EBIT | 2 061.00 | 2 427.00 | 1 857.00 | 796.00 | 615.00 |
| Net earnings | 1 607.00 | 1 827.00 | 591.00 | 975.00 | |
| Shareholders equity total | 34 443.00 | 36 270.00 | 35 823.00 | 34 576.00 | 34 748.00 |
| Balance sheet total (assets) | 41 451.00 | 41 075.00 | 44 245.00 | 41 147.00 | 39 553.00 |
| Net debt | 3 630.00 | 4 545.00 | 2 191.00 | 2 449.00 | |
| Profitability | |||||
| EBIT-% | 12.1 % | 13.5 % | 10.4 % | 6.3 % | 5.1 % |
| ROA | 4.0 % | 5.9 % | 4.4 % | 2.0 % | 1.7 % |
| ROE | 3.9 % | 5.2 % | 1.7 % | 2.8 % | |
| ROI | 4.0 % | 6.0 % | 4.5 % | 2.0 % | 1.8 % |
| Economic value added (EVA) | - 342.76 | 96.99 | - 688.16 | -1 613.51 | -1 176.80 |
| Solvency | |||||
| Equity ratio | 100.0 % | 88.3 % | 81.0 % | 84.0 % | 87.9 % |
| Gearing | 10.0 % | 20.0 % | 16.1 % | 12.6 % | |
| Relative net indebtedness % | 26.6 % | 31.9 % | 23.8 % | 23.8 % | |
| Liquidity | |||||
| Quick ratio | 1.3 | 1.3 | 1.3 | 1.4 | |
| Current ratio | 1.5 | 1.4 | 1.3 | 1.5 | |
| Cash and cash equivalents | 2 611.00 | 3 366.00 | 1 939.00 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 2.2 | 3.8 | 4.5 | 6.6 | |
| Net working capital % | 13.2 % | 17.6 % | 17.2 % | 19.5 % | |
| Credit risk | |||||
| Credit rating | BBB | AA | A | A | A |
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