B. HOLMS RADIOFABRIK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About B. HOLMS RADIOFABRIK A/S
B. HOLMS RADIOFABRIK A/S (CVR number: 87451216) is a company from HEDENSTED. The company recorded a gross profit of 584 kDKK in 2023. The operating profit was -269.3 kDKK, while net earnings were -164.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.4 %, which can be considered poor and Return on Equity (ROE) was -9.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. B. HOLMS RADIOFABRIK A/S's liquidity measured by quick ratio was 2.1 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 | |||||
Gross profit | 266.00 | 1 318.00 | 1 712.00 | 669.00 | 584.01 |
EBIT | - 516.00 | 271.00 | 569.00 | - 264.00 | - 269.35 |
Net earnings | - 716.00 | 373.00 | 654.00 | - 267.00 | - 164.67 |
Shareholders equity total | 992.00 | 1 365.00 | 2 019.00 | 1 753.00 | 1 587.74 |
Balance sheet total (assets) | 1 342.00 | 1 905.00 | 2 330.00 | 2 378.00 | 2 303.25 |
Net debt | - 414.00 | - 741.00 | -1 320.00 | - 861.00 | - 721.07 |
Profitability | |||||
EBIT-% | |||||
ROA | -40.4 % | 23.6 % | 31.9 % | -9.4 % | -7.4 % |
ROE | -119.3 % | 31.7 % | 38.7 % | -14.2 % | -9.9 % |
ROI | -59.6 % | 32.5 % | 38.8 % | -10.5 % | -8.2 % |
Economic value added (EVA) | - 582.72 | 241.96 | 535.91 | - 286.30 | - 259.85 |
Solvency | |||||
Equity ratio | 73.9 % | 71.7 % | 86.7 % | 73.7 % | 68.9 % |
Gearing | 4.2 % | 18.8 % | 36.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 2.3 | 5.0 | 2.6 | 2.1 |
Current ratio | 2.2 | 2.4 | 5.5 | 2.8 | 2.3 |
Cash and cash equivalents | 414.00 | 741.00 | 1 404.00 | 1 191.00 | 1 292.63 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | BBB | BBB |
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