Helge Frandsen Varmeteknik A/S — Credit Rating and Financial Key Figures

Helge Frandsen Varmeteknik A/S (CVR number: 41112328) is a company from HEDENSTED. The company recorded a gross profit of 1787.4 kDKK in 2024. The operating profit was -2145.3 kDKK, while net earnings were -1822.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -33.6 %, which can be considered poor and Return on Equity (ROE) was -158.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Helge Frandsen Varmeteknik A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.